Citi raised the firm’s price target on Agnico Eagle (AEM) to $256 from $198 and keeps a Buy rating on the shares. The firm cites the company’s outlook and Citi’s higher commodity price forecasts for the target bump. It sees Agnico benefiting from higher gold prices.
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Read More on AEM:
- Agnico Eagle price target raised to $225 from $182 at Raymond James
- Agnico Eagle Sets February Date for 2025 Results and Outlines 2026 Reporting Schedule
- Agnico Eagle Enhances Stake in Osisko Metals with C$12.48 Million Investment
- Agnico Eagle acquires 26M shares of Osisko Metals common stock
- Agnico Eagle downgraded to Sector Perform from Outperform at RBC Capital
