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Fly News Breaks for December 3, 2019
NEM
Dec 3, 2019 | 08:54 EDT
BMO Capital analyst Jackie Przybylowski lowered her price target on Newmont Goldcorp to $47 to reflect the impact of the company's higher operating expense in its updated 2020 guidance. The analyst still keeps her Outperform rating on Newmont Goldcorp, saying it is in the "early stages" of a turnaround and noting that its risk/reward at a valuation discount is compelling.