UBS Raises Barrick Mining (B) PT to $59 and Maintains Buy Rating

Barrick Mining Corporation (NYSE:B) is one of the best large cap stocks to buy under $50. On January 30, UBS increased its price target for Barrick Mining from $47 to $59 while maintaining a Buy rating. A day before that, JPMorgan initiated coverage of Barrick Mining with an Overweight rating and a $68 price target, driven by a bullish outlook on gold due to central bank demand and US policy uncertainty. The firm highlighted Barrick’s world-class reserve base and strong near-term organic growth and noted ...