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Eldorado Gold Upgraded At Credit Suisse Following Investor Day
Monday, September 12, 2016 - 9:02am | 348Credit Suisse’s Anita Soni believes the higher political risk perceived due to the exposure of Eldorado Gold Corp (USA) (NYSE: EGO) to Turkey has been reflected in the 15 percent underperformance of the stock, as compared to its gold peers, since July 15. Soni upgraded the rating on the...
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Credit Suisse Downgrades Eldorado Gold, Will Wait For Dust To Settle
Friday, July 22, 2016 - 9:07am | 343Credit Suisse has downgraded Eldorado Gold Corp (USA) (NYSE: EGO) to Neutral from Outperform citing geopolitical headwinds in Turkey. "In the near term geopolitical headwinds will likely dampen a re-rating from potential upcoming positive catalysts," analyst Anita Soni wrote in a note. "Turkey was...
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Credit Suisse Upgrades Barrick Gold To Outperform
Friday, April 8, 2016 - 8:18am | 314Credit Suisse’s Anita Soni believes Barrick Gold Corporation (USA) (NYSE: ABX) is “ideally positioned” due to its capital allocation strategy to capture gold leverage. The analyst upgraded the rating on the company from Neutral to Outperform, while raising the price target from $...
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Credit Suisse Upgrades Eldorado Gold To Outperform
Friday, April 8, 2016 - 8:08am | 280Credit Suisse’s Anita Soni believes gold prices would be supported by ETFs via macro factors, such as “a more dovish Fed,” central bank buying, physical demand and declining supply. The analyst upgraded the rating on Eldorado Gold Corp (USA) (NYSE: EGO) from Neutral to Outperform...
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Kinross Gold Shares Rally Following Credit Suisse Upgrade
Tuesday, February 9, 2016 - 3:48pm | 264Shares of Kinross Gold Corporation (USA) (NYSE: KGC) were trading up 4.3 percent on Tuesday afternoon after Credit Suisse upgraded its rating on the stock from Neutral to Outperform. The firm also boosted its price target From $2.25 to $2.75. The analysts argued that the “turning tide on gold...
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Credit Suisse Sees 'Renewed Focus' In Gold, Says Positive On Sector
Wednesday, January 13, 2016 - 9:11am | 373Shares of Goldcorp Inc. (USA) (NYSE: GG), Barrick Gold Corporation (USA) (NYSE: ABX) and Newmont Mining Corp (NYSE: NEM) have lost significantly over the past six months. Credit Suisse’s Anita Soni has a positive view on the Gold sector. With production curtailments to combat price...
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Credit Suisse Has Uncertainty About Kinross Gold Regarding Tasiast Expansion
Thursday, April 2, 2015 - 8:38am | 107In a report published Thursday, Credit Suisse analyst Anita Soni reiterated a Neutral rating and $3.00 price target on Kinross Gold Corporation (USA) (NYSE: KGC). In the report, Credit Suisse noted, "We rate KGC Neutral due to uncertainty and ultimately execution risk regarding the Tasiast...
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Here's Why Yamana Gold Needs More Debt Reduction
Wednesday, April 1, 2015 - 7:51am | 217Yamana Gold Inc.'s (USA) (NYSE: AUY) positive free cash flow during the next two years could help further reduce its debt, said an analyst Tuesday. The company last month cut its debt using proceeds of a C$299 million ($236 million) offering of 56.5 million shares. Meanwhile, Credit Suisse's Anita...
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Credit Suisse Reiterates Neutral, Raises PT On Newmont Mining On Improved Outlook
Thursday, March 12, 2015 - 8:46am | 154In a report published Thursday, Credit Suisse analyst Anita Soni reiterated a Neutral rating on Newmont Mining Corp. (NYSE: NEM), and raised the price target from $21.00 to $24.00. In the report, Credit Suisse noted, "Our TP increases to US$24 from US$21 on a higher NAV est. and higher target...
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UPDATE: Credit Suisse Raises Price Target On Goldcorp As Penasquito Drives Higher CF And NAV
Tuesday, January 13, 2015 - 10:37am | 188In a report published Tuesday, Credit Suisse analyst Anita Soni reiterated an Outperform rating on Goldcorp Inc. (NYSE: GG), and raised the price target from $24.00 to $26.00. In the report, Credit Suisse noted, “TP increased to $26 from $24, maintain Outperform: Our TP increases on a better FCF...
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Credit Suisse Names Top Picks For Gold Stocks In 2015
Monday, January 12, 2015 - 5:30pm | 309Credit Suisse issued a gold sector report Monday and named its top picks. Analyst Anita Soni prefered Agnico Eagle Mines Ltd (USA) (NYSE: AEM) with a $35 target price “for its lower cost assets, operational consistency, strong FCF and growth in 2015.” Eldorado Gold Corp (USA) (...
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Credit Suisse Is Positive On Gold Equities, Lists 4 Stocks To Buy
Monday, January 12, 2015 - 8:51am | 298Anita Soni of Credit Suisse on Friday stated in a note that gold equities may see outperformance in 2015 driven by margin expansion, gold price stability, renewed interest in the space and potential merger and acquisition activity. According to Soni, the gold industry put in to place measures...
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UPDATE: Credit Suisse Upgrades Goldcorp Inc.
Wednesday, September 24, 2014 - 10:25am | 129In a note released Wednesday, Credit Suisse analyst Anita Soni upgraded shares of Goldcorp Inc. (NYSE: GG) from Neutral to Outperform and raised the price target from $32 to $33. Soni wrote, "Goldcorp is our preferred senior gold stock and the best positioned to weather a lower gold price...
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UPDATE: Credit Suisse Reiterates on AuRico Gold on Higher NAV Multiple
Thursday, March 6, 2014 - 11:12am | 133In a report published Thursday, Credit Suisse analyst Anita Soni reiterated an Outperform rating on AuRico Gold (NYSE: AUQ), and raised the price target from $5.00 to $6.00. In the report, Credit Suisse noted, “Our TP is raised on a higher NAV multiple (1.25x from 1.15x) as AUQ is well positioned...
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UPDATE: Credit Suisse Raises PT on Barrick Gold Following Q2 Wrap-Up
Wednesday, August 14, 2013 - 10:47am | 131In a report published Wednesday, Credit Suisse analyst Anita Soni reiterated a Neutral rating on Barrick Gold (NYSE: ABX), and raised the price target from $20.00 to $22.00. In the report, Credit Suisse noted, “Raising TP as ABX improves medium term cash flow and liquidity profile. Focussing on...