H.C. Wainwright analyst Heiko Ihle raised the firm’s price target on U.S. Gold (USAU) to $22 from $15 and keeps a Buy rating on the shares. The firm cites the company’s recently announced developments for its CK Gold Project for the target increase.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the 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 USAU:
- BMF Reports short U.S. Gold, warns of 65%-plus downside
- U.S. Gold price target raised to $20 from $19 at Roth Capital
- U.S. Gold subsidiary signs contract with subsidiary of Black Hills
- US Gold Modifies Warrant Agreement for Flexibility
- Trump Trade: Nvidia, AMD said to pay U.S. cut from China chip sales