Eldorado Gold upgraded to Buy from Hold at Stifel

Stifel upgraded Eldorado Gold to Buy from Hold with a price target of C$15.50, down from C$16.50, after the company hosted a site tour to its operations in Greece and Turkey. The tour showcased the Skouries project, which the firm identifies as “the main growth driver” over the next five years. While the company reiterated commercial production expectations of late 2025,the remaining key items to completion are “not without risks,” says the analyst, who lowers the firm’s target but raises the firm’s rating given the stock’s valuation has pulled back.