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Fly News Breaks for January 17, 2018
GG
Jan 17, 2018 | 07:37 EDT
Canaccord analyst Tony Lesiak downgraded Goldcorp to Hold from Buy as he believes there is less conservatism currently baked into guidance. He expects production to soften in coming quarters and with its recent outperformance and weaker relative valuation, he downgraded the shares. Lesiak raised his price target to C$21.50 from C$21.00 on Goldcorp shares.
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