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Newmont price target raised to $72 from $69 at Scotiabank

Scotiabank analyst Tanya Jakusconek raised the firm’s price target on Newmont (NEM) to $72 from $69 and keeps a Sector Perform rating on the shares. The focus for the company headign into Q2 results will be delivering on advancing development projects, stabilizing its Tier 1 asset portfolio, and continuing with its share repurchases, the analyst tells investors.

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