National Bank Downgrades Newmont (NEM) to “Sector Perform” Amid Rising Costs Tied to Higher Diesel Prices

With strong revenue growth projections, Newmont Corporation (NYSE:NEM) secures a spot on our list of the best long-term ASX stocks to buy right now. National Bank Downgrades Newmont (NEM) to “Sector Perform” Amid Rising Costs Tied to Higher Diesel Prices Gold bars. Photo by Zlaťáky.cz on Pexels On April 16, 2026, Newmont Corporation (NYSE:NEM) saw National Bank downgrade its stock to “Sector Perform” from “Outperform” with a price target of $130 (-$10). The revised outlook reflects rising costs tied to ...

National Bank Downgrades Newmont (NEM) to “Sector Perform” Amid Rising Costs Tied to Higher Diesel Prices - Reportify