BofA raised the firm’s price target on Triple Flag (TFPM) to $37 from $33 and keeps a Buy rating on the shares. The firm raised price targets for its North American precious metals coverage by 16% on average on the back of higher gold and silver price forecasts, telling investors that the firm’s commodities team now forecasts gold to reach $5,000 per ounce and silver to hit $65 per ounce.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TFPM:
- Triple Flag price target raised to C$66 from C$46 at CIBC
- Triple Flag price target raised to C$47 from C$41 at Raymond James
- Gold tops $4,000, SoftBank buys robotics unit: Morning Buzz
- Morning Movers: AST SpaceMobile jumps after direct-to-cellular pact with Verizon
- Triple Flag Reports Strong Q3 2025 Revenue and New Mine Productions