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Fly News Breaks for December 4, 2019
IAG
Dec 4, 2019 | 16:29 EDT
RBC Capital analyst Josh Wolfson assumed coverage of IAMGold with a Sector Perform rating and $3.75 price target. The analyst believes the company will begin entering a longer transition period in 2020, underscored by mixed upcoming financial results and an unclear use of proceeds for its $820M cash position.