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Fly News Breaks for January 7, 2016
NEM
Jan 7, 2016 | 07:35 EDT
RBC Capital analyst Stephen Walker downgraded Newmont Mining to Sector Perform from Outperform, citing the stock's recent strong performance, changes to the firm's gold and copper price forecasts and the belief that higher grades at Batu Hijau and new production from the Turf Vent Shaft are already priced-in. The analyst lowered his price target on Newmont to $20 from $26.
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