Kinross Gold's Production Outlook Improves, Analyst Double Upgrades Stock

Ahead of their earnings release, BofA Securities analyst Lawson Winder upgraded Kinross Gold Corporation KGC and downgraded Barrick Gold Corporation GOLD.Talking about market, the analyst says that Gold opened at $2,706/oz last week, rising to $2,746/oz on January 21, 2025, as the U.S. Dollar weakened.It closed the week at $2,771/oz, up 2.5%, on President Trump’s remarks on a less aggressive tariff approach to China.KGC: The analyst double-upgraded Kinross from Underperform to Buy and raised the price forec ...