BofA lowered the firm’s price target on Eldorado Gold (EGO) to $15 from $17.50 and keeps an Underperform rating on the shares. The firm reduced its price target to account for updated 2025 production guidance that was materially lower than prior guidance.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EGO:
- Eldorado Gold price target lowered to $16.50 from $18.50 at Scotiabank
- Eldorado Gold price target lowered to C$27 from C$29 at BMO Capital
- Eldorado Gold price target lowered to $16 from $17 at TD Securities
- Eldorado Gold Adjusts Skouries Project Timeline and Budget Amid Labor Constraints
- Eldorado Gold price target lowered to C$25 from C$27 at Stifel