CIBC Boosts Agnico Eagle (AEM) Target on Strong Gold Price Forecast

Agnico Eagle Mines Limited (NYSE:AEM) ranks among the best high growth high margin stocks to buy now. On February 4, CIBC raised its price target for Agnico Eagle Mines Limited (NYSE:AEM) to $296 from $231 while maintaining an Outperform rating on the company’s shares. The boost came as the firm lifted its targets over the precious metals group after raising its gold price projections to $6,000 per ounce in 2026 and $6,500 in 2027. According to the firm, similar demand factors as in 2025 will continue to e ...