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Fly News Breaks for June 2, 2016
NEM
Jun 2, 2016 | 06:00 EDT
Jefferies analyst Christopher LaFemina downgraded Newmont Mining to Hold citing valuation, near-term gold price risk, potential U.S. interest rate increase headwinds and a lack of positive catalysts. The analyst lowered his price target for the shares to $33 from $38.