JP Morgan Maintains Overweight on Anglogold Ashanti, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Patrick Jones maintains an Overweight rating on Anglogold Ashanti (NYSE:AU) but lowers the price target from $33 to $32.
July 03, 2024 | 1:54 pm
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JP Morgan analyst Patrick Jones maintains an Overweight rating on Anglogold Ashanti but lowers the price target from $33 to $32.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100