What 7 Analyst Ratings Have To Say About Newmont
Portfolio Pulse from Benzinga Insights
Over the past three months, 7 analysts have evaluated Newmont (NYSE:NEM), with a majority holding bullish views. The average 12-month price target has increased by 17.56% to $59.57. Analysts have raised their ratings and price targets, reflecting positive sentiment towards Newmont's market position and financial performance.
October 04, 2024 | 9:02 pm
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Analysts have shown increased confidence in Newmont (NYSE:NEM) with a rise in average price target by 17.56% to $59.57. The majority of analysts hold bullish views, reflecting positive sentiment towards Newmont's market position and financial performance.
The article highlights a positive shift in analyst sentiment towards Newmont, with a significant increase in the average price target. This suggests that analysts expect Newmont's stock to perform well in the short term, driven by its strong market position and financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100