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Stock impact report

Why Newmont Corporation (NEM) Is Gaining Analyst Attention [Yahoo! Finance]

Newmont Corporation (NEM) 
Last newmont corporation earnings: 2/20 06:55 am Check Earnings Report
Company Research Source: Yahoo! Finance
Why Newmont Corporation (NEM) Is Gaining Analyst Attention On February 26, BofA lifted the price target on Newmont Corporation (NYSE:NEM) from $134 to $151 and reiterated a Buy rating. According to TheFly, this is part of the firm's price target readjustment for North American Metals & Mining stocks following the revised estimates for metal prices in 2026. A day later, Bernstein SocGen Group upgraded Newmont Corporation (NYSE:NEM) to Outperform from Market Perform and raised its price target from $121 to $157. Bob Brackett from Bernstein believes this upward revision in outlook represents a bullish view on gold. According to the firm, there are many alpha catalysts for the company, including a new CEO with a solid plan, attainable guidance, and a reasoned agreement with the company's largest joint venture partner. Overall, Newmont Corporation (NYSE:NEM) is a buy according to 81% of analysts covering the stock as of March 5. While the median price target of $140 reflects an upsi Show less Read more
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