Analyst Round-Up Yamana (AUY): 3 Upgrades, Numerous Price Target Raises

October 8, 2009 11:50 AM EDT

Following gold's historic rise to all-time highs this week, numerous analysts are out with calls on shares of Yamana Gold (NYSE: AUY) today. Traders are applauding the analyst interest, bidding up Yamana shares by nearly 7% today. The stock most recently traded at $12.27.

  • TD Newcrest upgraded the stock from Hold to Buy, also raising its price target from $14 to $15.
  • BMO Capital upgraded the stock from Market Perform to Outperform.
  • Scotia Capital upgraded the stock from Sector Perform to Sector Outperform.
  • UBS raises price target on Yamana from $11 to $13, maintains Buy.
  • Canaccord Adams raises its target from $13.25 to $14.25, maintains Buy.
Yamana Gold, Inc. engages in the acquisition, exploration, development, and operation of gold properties.


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AUY 13.18

-0.68 -4.91%
Volume: 15,585,295
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Comments

Yumana
Robert NYC on Oct 8, 2009 12:05 PM

They are all wrong - Yumana is going a lot higher than $15 in the next 12 months. Gold will hit $1500, Yumana will hit at least $20


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