Scotiabank analyst Tanya Jakusconek raised the firm’s price target on Barrick Mining (B) to $26 from $25 and keeps a Sector Perform rating on the shares. The firm believes Barrick Mining needs to deliver on its operating targets before its valuation will begin to improve, the analyst tells investors. While the firm expects a strong 2H of 2025, Scotiabank is waiting on improvement of the company’s operating results before reconsidering its rating on the stock.
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