Jefferies Maintains a Buy on Newmont Corporation (NEM), Here’s What You Need to Know
Newmont Corporation (NYSE:NEM) is one of the Cheap NYSE Stocks to Buy Now. On December 7, Fahad Tariq from Jefferies reiterated a Buy rating on the stock with a price target of $120. Earlier, on December 1, Daniel Major from UBS raised the price target on Newmont Corporation (NYSE:NEM) from $105.5 to $125, while maintaining a Buy rating. Tariq from Jefferies noted that they remain bullish on gold equities due to the attractive valuation. However, he remains cautious on silver equities, again due to valu ...