BUZZ- Stifel initiates coverage on Equinox Gold with 'buy' rating
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Stifel initiates coverage on Equinox Gold with a 'buy' rating and sets a price target of C$24, indicating a 22.6% upside. Operational improvements and new Canadian mines are expected to boost production and cash flow. TD Cowen also raises its price target to C$22. All 10 brokerages rate the stock as 'buy', with a median price target of C$22.25. Equinox Gold shares have risen 171.1% YTD.
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