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Fly News Breaks for September 11, 2019
NEM
Sep 11, 2019 | 04:55 EDT
BMO Capital analyst Andrew Kaip upgraded Newmont Goldcorp to Outperform from Market Perform and raised his price target for the shares to $50 from $45. Newmont is in the early stages of a turnaround and offers a "compelling" risk/reward profile, Kaip tells investors in a research note. He expects the company's valuation discount to begin to narrow as it executes against its strategy.
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