BMO Capital Markets analyst Raj Ray upgraded Gold Fields Limited (NYSE:GFI) to Market Perform from Underperform and slightly increased the price target to $14.00 (from $13.50).
The bullish stance reflects revised gold price forecasts released today. Since early February, Gold Fields’ shares have trailed the GDX by approximately 23%, despite favorable gold prices owing to recent operational volatility, delays and ramp-up challenges at the Salares Norte project ...Full story available on Benzinga.com
Benzinga
