Raymond James Boosts Newmont (NEM) Target, Keeps Outperform Rating
Newmont Corporation (NYSE:NEM) is included among the 20 Best Performing Dividend Stocks in 2025. Raymond James Boosts Newmont (NEM) Target, Keeps Outperform Rating Photo by nathan dumlao on Unsplash On December 29, Raymond James raised its price target on Newmont Corporation (NYSE:NEM) to $111 from $99 and kept an Outperform rating. The move followed updated forecasts for fourth-quarter gold prices. Newmont’s stock has climbed 167% year to date, driven largely by the sharp rise in gold. As uncertainty ...