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U.S. Gold price target raised to $27 from $23.50 at Alliance Global

Alliance Global analyst Jake Sekelsky raised the firm’s price target on U.S. Gold (USAU) to $27 from $23.50 and keeps a Buy rating on the shares. The company recently announced a positive Feasibility Study for its flagship CK Project in Wyoming, the analyst tells investors in a research note. The firm believes the project has multiple paths to development and production.

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