Stifel analyst Ingrid Rico downgraded Eldorado Gold (EGO) to Hold from Buy with a price target of C$16.50, up from C$16, after adjusting the firm’s near-term precious metals price forecasts ahead of earnings season for the Canada precious metals group, which the firm notes kicks off with Agnico Eagle (AEM) on April 27.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on EGO:
- Eldorado Gold price target raised to C$17.50 from C$16.50 at National Bank
- Eldorado Gold Provides First Quarter 2023 Conference Call Details
- Eldorado Gold price target raised to C$16.50 from C$13.50 at National Bank
- Eldorado Gold closes EUR 680M project financing facility
- Eldorado Gold Closes €680 million Project Financing Facility for the Development of Skouries
