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B2Gold price target lowered to $6 from $6.50 at CIBC

CIBC lowered the firm’s price target on B2Gold (BTG) to $6 from $6.50 and keeps a Neutral rating on the shares. The firm updated the company’s model to reflect the Q3 report. Reduced production and higher costs at B2Gold’s Goose was a headwind to the stock this quarter, the analyst tells investors in a research note.

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