Agnico Eagle price target lowered to $82 from $85 at BofA

BofA lowered the firm’s price target on Agnico Eagle (AEM) to $82 from $85 and keeps a Buy rating on the shares. As part of its long-term cost assessment for the senior gold producers, the firm has adjusted its cost projections for Agnico, Barrick Gold (GOLD), Kinross Gold (KGC) and Newmont (NEM) for 2025 and later, the analyst tells investors.