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Agnico Eagle price target lowered to $106 from $108 at TD Securities

TD Securities analyst Steven Green lowered the firm’s price target on Agnico Eagle (AEM) to $106 from $108 and keeps a Buy rating on the shares. The firm updated estimates following the company’s Q4 results and updated three-year guidance. Agnico is advancing several growth initiatives in Canada and remains a top pick, the analyst tells investors in a research note.

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