UBS Maintains Buy on Newmont, Raises Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Daniel Major has maintained a Buy rating on Newmont (NYSE:NEM) and raised the price target from $65 to $67.
October 15, 2024 | 2:19 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 $65 to $67, indicating a positive outlook.
The increase in price target from $65 to $67 by UBS suggests a 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