JP Morgan Maintains Overweight on Anglogold Ashanti, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Patrick Jones maintains an Overweight rating on Anglogold Ashanti (NYSE:AU) and raises the price target from $32 to $37.
October 10, 2024 | 6:23 pm
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JP Morgan has maintained its Overweight rating on Anglogold Ashanti and increased the price target from $32 to $37, indicating a positive outlook.
The increase in price target from $32 to $37 by JP Morgan suggests a positive outlook for Anglogold Ashanti, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100