JPMorgan downgraded Harmony Gold to Underweight from Neutral with a price target of $3.10, down from $3.60. The analyst updated forecasts in metals and mining to reflect the firm’s revised commodity price and currency forecasts. The firm also rolled price targets across its coverage to December 2025 from December 2024. JPMorgan made rating changes as part of its 2024 outlook.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on HMY:
