BMO Capital Cuts Price Targets on 9 Gold/Silver Stocks (AUY, SLW, KGC, ABX, more..)
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BMO Capital lowered its price targets on numerous gold and silver-related stocks this morning:
- Yamana Gold (NYSE: AUY) downgraded from Outperform to Market Perform, price target cut from $10 to $5
- Silver Wheaton (NYSE: SLW) downgraded from Outperform to Market Perform, price target cut from $10 to $3.75
- Goldcorp (NYSE: GG) price target cut from $36 to $30
- Kinross Gold (NYSE: KGC) from $20 to $18
- Barrick Gold (NYSE: ABX) from $44 to $32
- Iamgold (NYSE: AIG) from $6 to $4
- Great Basin Gold (NYSE: GBN) from $2.25 to $1.50
- Teck Cominco (NYSE: TCK) from C$30 to C$3
- Harry Winston (NYSE: HWD) from C$25 to C$12
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