Citi raised the firm’s price target on Barrick Mining (B) to $38 from $21 and keeps a Neutral rating on the shares. The firm upped price targets in the gold sector to reflect its latest gold price forecasts. Citi is bullish on gold in the short-term due to “cyclical and tactical tailwinds.”
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Read More on B:
- Barrick Mining price target raised to $50 from $38 at CIBC
- Barrick Mining price target raised to $40 from $36 at Raymond James
- Barrick Mining price target raised to C$57 from C$39 at Canaccord
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