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Fly News Breaks for February 14, 2020
AEM
Feb 14, 2020 | 09:01 EDT
Canaccord analyst Carey Macrury downgraded Agnico Eagle to Hold from Buy with a price target of C$82, down from C$95, stating that he has cut his 2020 EBITDA estimate 17% given the company's updated guidance for lower gold production and higher cash costs compared to his prior forecasts.