Scotiabank analyst Tanya Jakusconek raised the firm’s price target on AngloGold Ashanti (AU) to $134 from $131 and keeps an Outperform rating on the shares. The firm is updating its models for Gold & Precious Minerals stocks under its coverage, the analyst tells investors. The firm notes the company has delivered on progress on permitting in Nevada, initiated a feasibility study at Arthur Gold, and provided updates on several assets.
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