Raymond James Maintains Outperform on Newmont, Raises Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Brian MacArthur has maintained an 'Outperform' rating on Newmont (NYSE:NEM) and raised the price target from $65 to $66.
October 25, 2024 | 5:53 pm
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Raymond James has reaffirmed its 'Outperform' rating for Newmont and increased the price target from $65 to $66, indicating a positive outlook.
The increase in price target from $65 to $66 by Raymond James suggests a positive outlook for Newmont's stock. The 'Outperform' rating indicates that the analyst expects the stock to perform better than the market average, which could lead to a short-term positive impact on the stock price.
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