Raymond James raised the firm’s price target on Newmont (NEM) to $111 from $99 and keeps an Outperform rating on the shares after having updated forecasts for Q4 gold prices.
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Read More on NEM:
- Analysts Tip Newmont Mining Stock (NEM) to Extend Gains in 2026
- Early notable gainers among liquid option names on December 22nd
- Newmont price target raised to $120 from $113 at Jefferies
- Newmont downgraded to Neutral from Outperform at BNP Paribas Exane
- Newmont Mining call volume above normal and directionally bullish
