DA Davidson raised the firm’s price target on Gold.com (GOLD) to $53 from $45 and keeps a Buy rating on the shares. The firm is adjusting its model to reflect higher prices on gold and silver that also boost unit demand, the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOLD: