RBC Issues Numerous Rating Changes on Gold & Silver Stocks (AU, ABX, HL, more..)
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- RBC Issues Numerous Rating Changes on Gold & Silver Stocks (AU, ABX, HL, more..)
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Analysts at RBC Capital issued numerous rating changes on stocks in the Gold & Silver industry:
Upgrades
- Anglogold Ashanti (NYSE: AU) upgraded from Sector Perform to Outperform
- Barrick (NYSE: ABX) upgraded from Sector Perform to Outperform, price target cut from $45 to $36
- Silver Wheaton (NYSE: SLW) upgraded from Sector Perform to Outperform, price target cut from $14 to $9
- DRDGold (Nasdaq: DROOY) upgraded from Sector Perform to Outperform
- Banro (NYSE: BAA) downgraded from Outperform to Sector Perform
- Coeur D'Alene (NYSE: CDE) downgraded from Sector Perform to Underperform
- Hecla Mining (NYSE: HL) downgraded from Outperform to Sector Perform
- Lihir Gold (Nasdaq: LIHR) downgraded from Outperform to Sector Perform
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Hecla Mining
Bill Brown on Sep 5, 2009 09:41 AMExperts, you know, those guys on Wall Street, need to spend more time in the class room instead of standing in line at the bank. Uh, maybe not. They give you buy or sell ideas and they play the opposite side....they win, you lose. I guess that;s why their in line at the bank and your not. I've made a lot more money going against the experts than I ever did going with them. Take it for what it's worth.otok8q