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Fly News Breaks for February 11, 2020
Feb 11, 2020 | 09:50 EDT
Stifel analyst Ian Parkinson upgraded Yamana Gold to Buy from Hold with a price target of C$6.50, up from C$5. By deleveraging its balance sheet in 2019 and maintaining operational momentum, the company is "much more strongly" positioned for 2020, Parkinson tells investors in a research note. The analyst expects Yamana's free cash flow to "meaningfully" increase this year.
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