Barrick Mining price target raised to $39.50 from $36.50 at Bernstein

Bernstein raised the price target on Barrick Mining (B) to $39.50 from $36.50 to reflect the inclusion of Fourmile project in the firm’s model, while keeping an Outperform rating on the shares. While the Fourmile gold resource has been part of Barrick’s portfolio for years now, it seems that newsflow around the resource in the last week has significantly moved the stock, the firm says.