BofA lowered the firm’s price target on Eldorado Gold (EGO) to C$28.50 from C$29 and keeps an Underperform rating on the shares. The firm adjusted targets in the space as it marked its precious metal models to market for Q2 spot commodity prices.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EGO:
- Eldorado Gold price target raised to C$40.50 from C$36 at National Bank
- Eldorado Gold files automatic mixed securities shelf
- Eldorado Gold price target raised to $19.75 from $19.50 at BofA
- Eldorado Gold Elects Directors and Advances Key Projects
- Eldorado Gold announces elections of directors, AGM results