AngloGold Ashanti price target raised to $84 from $76 at Roth Capital

Roth Capital raised the firm’s price target on AngloGold Ashanti (AU) to $84 from $76 and keeps a Buy rating on the shares. Q3 production, revenue, and EPS were below the firm’s expectations, but strong cash flow strengthened the balance sheet and drove a larger than anticipated interim dividend, the analyst tells investors.