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Fly News Breaks for June 29, 2017
ABX
Jun 29, 2017 | 07:39 EDT
BMO Capital analyst Andrew Kaip says that Barrick is "leading the industry..in digitization and data analytics." The analyst says that the company is beginning to see the returns from its new strategy, with the company's digital transformation hub, Codemine "delivering early results." Kaip thinks that the new strategy will deliver "some wins" for Barrick, He trimmed his price target on the stock to $21 from $24 but keeps an Outperform rating.
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