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Stock impact report

JPMorgan Initiates Barrick Mining (B) at Overweight with $68 PT on Bullish Gold Outlook [Yahoo! Finance]

Barnes Group, Inc. (B) 
Last barnes group, inc. earnings: 4/24 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
of Barrick Mining with an Overweight rating and a $68 price target, underpinned by a bullish stance on gold driven by central bank demand and US policy uncertainty. The firm highlighted Barrick Mining's world-class reserve base and strong organic growth potential in the near term as key advantages. Furthermore, the firm noted that the company's stock is currently trading at a significantly larger discount relative to its global peers than historical norms, suggesting a compelling valuation opportunity for investors as the company will use its scale in a favorable precious metals environment. On January 23, Canaccord raised the price target on Barrick Mining Corporation (NYSE:B) to C$80 from C$70 while maintaining a Buy rating on the shares. Additionally, on January 19, Bank of America analyst Lawson Winder also raised the firm's price target for Barrick Mining to $58 from $50 with a Buy rating as part of a broader upward revision for the North American precious metals sector. The Show less Read more
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