Scotiabank lowered the firm’s price target on Eldorado Gold (EGO) to $16.50 from $18.50 and keeps a Sector Perform rating on the shares. The firm is updating its model following the Skouries update and 2025-2027 guidance, all of which have negatively impacted Scotiabank’s valuation for the company, the analyst tells investors.
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- Eldorado Gold price target lowered to C$27 from C$29 at BMO Capital
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