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.
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Read More on NEM:
- Newmont Mining call volume above normal and directionally bullish
- Newmont price target raised to $125 from $105.50 at UBS
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- Newmont price target raised to $118 from $115 at BofA
