BNP Paribas Exane downgraded Newmont (NEM) to Neutral from Outperform with a $97 price target The firm says the copper sector is entering 2026 with momentum. It is more constructive on aluminum and switched preferences in gold.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NEM:
- Newmont Mining call volume above normal and directionally bullish
- Newmont price target raised to $125 from $105.50 at UBS
- Unusually active option classes on open November 28th
- Toogood Gold (TSX-V:TGC): Built by Proven Hands — Inside Canada’s Next Discovery Story
- Newmont price target raised to $118 from $115 at BofA
