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Scotiabank, Citi, and Raymond James Raise Newmont (NEM) Price Targets
Yahoo Finance· 2026-01-29 01:17
Newmont Corporation (NYSE:NEM) is one of the 11 Most Profitable Cheap Stocks to Invest In Now. On January 26, Scotiabank increased its price target on Newmont Corporation (NYSE:NEM) from $114 to $152 and maintained its Outperform rating on the stock. This decision comes as the firm is updating its price targets for gold and precious minerals companies under its coverage. Scotiabank raised its gold and silver price forecasts, citing ongoing economic and geopolitical uncertainty, along with central bank buy ...