UBS Raises Stock-Price Views For Gold, Silver Miners
June 30 2010 - 11:25AM
Dow Jones News
UBS AG (UBS) analysts on Wednesday raised their price target on
a slew of gold and silver mining companies, sending shares of most
the companies up.
Iamgold Corp. (IAG) shares ticked up 1.3% to $17.85 after price
views were boosted to $23.00 from $21.50 by the investment bank.
Shares of Barrick Gold Corp. (ABX) gained 1.6% to $45.71 with a
lifted target of $57.50 from $53.50.
Other U.S. metals and miners with raised price targets include
Cott Corp. (COT), Eldorado Gold Corp. (EGO), Goldcorp Inc. (GG),
Agnico-Eagle Mines Ltd. (AEM), Silver Wheaton Corp. (SLW), Pan
American Silver Corp. (PAAS), and Newmont Mining Corp. (NEM).
-By Cynthia Lin, 415-439-6400; AskNewswires@dowjones.com
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