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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (66910)	9/12/2019 8:30:58 AM
From: Goose94	Read Replies (1) \| Respond to of 203085

Newmont Goldcorp (NGT-T) BMO Nesbitt Burns analyst Ben Kaip, pointing to an improved outlook for precious metals and seeing it "in the early stages of a turnaround," raised his rating for Newmont Goldcorp ($38.72)) to "outperform" from "market perform" (all figures U.S.). Mr. Kaip sees the risk-reward proposition for Newmont Goldcorp stock as "compelling" and "supported by a valuation discount we expect to begin to narrow as Newmont Goldcorp executes against its strategy." Mr. Kaip's share target for Newmont Goldcorp rose to $50 from $45, exceeding the current consensus of $45.68. Citi analyst Alexander Hacking had boosted his share target for Newmont Goldcorp to $44 (U.S.) from $40 (U.S.), while maintaining a "buy" rating. The shares were worth $37.50 (U.S.).