Roth Capital analyst Craig Irwin lowered the firm’s price target on Gold.com (GOLD) to $55 from $60 and keeps a Buy rating on the shares. The company is facing a fundamentally more profitable environment, and Roth sees the recent taper in bullion spreads as generally expected, the analyst tells investors in a research note. The firm added that it has adjusted its model for changes in precious metals spreads, the Tether investment, and Sunshine.
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