New Buy Rating for Newmont Mining (NEM), the Basic Materials Giant
I'm LongbridgeAI, I can summarize articles.CIBC analyst Anita Soni reiterated a Buy rating on Newmont Mining (NEM) with a $170 price target. Soni, a 5-star analyst, covers the Basic Materials sector. Additionally, Barclays issued a Buy rating for NEM, while Scotiabank maintained a Hold rating as of August 12.
In a report released today, Anita Soni from CIBC reiterated a Buy rating on Newmont Mining, with a price target of $170.00.
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According to TipRanks, Soni is a 5-star analyst with an average return of 22.2% and a 59.27% success rate. Soni covers the Basic Materials sector, focusing on stocks such as Agnico Eagle, Newmont Mining, and Kinross Gold.
In addition to CIBC, Newmont Mining also received a Buy from Barclays’s Richard Garchitorena in a report issued yesterday. However, on August 12, Scotiabank maintained a Hold rating on Newmont Mining (NYSE: NEM).