BofA lowered the firm’s price target on Eldorado Gold (EGO) to $15 from $17.50 and keeps an Underperform rating on the shares. The firm reduced its price target to account for updated 2025 production guidance that was materially lower than prior guidance.
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Read More on EGO:
- Eldorado Gold price target lowered to $16.50 from $18.50 at Scotiabank
- Eldorado Gold price target lowered to C$27 from C$29 at BMO Capital
- Eldorado Gold price target lowered to $16 from $17 at TD Securities
- Eldorado Gold Adjusts Skouries Project Timeline and Budget Amid Labor Constraints
- Eldorado Gold price target lowered to C$25 from C$27 at Stifel
