Newmont Mining (NYSE:NEM) Gets PT Boost from Barclays
Barclays (NYSE:BCS) has given the large cap gold miners a boost on their price targets today, as they see gold prices rising in 2011 and margins and earnings increasing as a result. Barclays said, “Our earnings model now reflects marked-to-market metals prices for 4Q 2010 and updated gold price assumptions for 2011-2014. Based on these assumptions, our new 12-month price target of $50 assumes a
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Newmont Mining (NYSE:NEM) Gets PT Boost from Barclays
Tags: barclays, earnings-model, Gold, Gold Miners, Gold Prices, miners, our-new, target, targets-today, their-price, updated-gold