BofA raised the firm’s price target on Eldorado Gold (EGO) to $29 from $28 and keeps an Underperform rating on the shares after updating estimates, noting that the firm’s commodities team is calling for the gold price to reach $5,000 per ounce in 2026.
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Read More on EGO:
- Eldorado Gold price target raised to C$53 from C$50 at BMO Capital
- Eldorado Gold Increases Mineral Reserves, Strengthening Future Production
- Eldorado Gold releases updated MRMR estimates
- Eldorado Gold price target raised to C$54 from C$51 at National Bank
- Eldorado Gold’s Earnings Call: Mixed Sentiments and Strategic Progress
