BMO Capital Lowers Target for Newmont Corporation (NEM) But Maintains Outperform Rating

Newmont Corporation (NYSE:NEM) is among the 15 Undervalued Momentum Stocks That Are Taking Off. Following the company’s Q4 results on February 19, BMO Capital Markets reduced its price target on Newmont Corporation (NYSE:NEM) from $145 to $140 but maintained its positive outlook with an Outperform rating. However, the analysts highlighted some concerns over the outlook, including elevated costs and lower production. In its Q4 2025 results, Newmont topped consensus EPS estimates of $2.00 (LSEG) by report ...