CIBC Maintains Outperformer on Kinross Gold, Lowers Price Target to $50
CIBC analyst Anita Soni maintains Kinross Gold (NYSE:KGC) with a Outperformer and lowers the price target from $54 to $50.
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Kinross Gold shares are rising Friday after falling Thursday on lower production guidance, a Scotiabank price target cut and sector weakness.
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CIBC analyst Anita Soni maintains Kinross Gold (NYSE:KGC) with a Outperformer and lowers the price target from $54 to $50.
Kinross Gold is trading lower Thursday as lower production guidance and a Scotiabank price target cut outweighed higher shareholder returns.