UBS Maintains Buy on Newmont, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Daniel Major has maintained a Buy rating on Newmont (NYSE:NEM) and increased the price target from $50 to $65.
September 17, 2024 | 3:37 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
UBS analyst Daniel Major has maintained a Buy rating on Newmont and increased the price target from $50 to $65, indicating a positive outlook.
The increase in the price target from $50 to $65 by UBS suggests a strong positive outlook for Newmont, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100