Dahlman Rose Downgrades Agnico-Eagle Mines Ltd. (AEM) to Hold; Shares Fully Valued
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Price: $62.26 -2.47%
Rating Summary:
11 Buy, 13 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 8 | New: 36
Rating Summary:
11 Buy, 13 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 8 | New: 36
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Dahlman Rose downgraded Agnico-Eagle Mines Ltd. (NYSE: AEM) from Buy to Hold.
Analyst, Adam P Graf, said, "Despite 2011 complications, we believe the market has regained confidence in current operations and future growth prospects. We believe shares now to be fully-valued, and are therefore downgrading our rating."
For an analyst ratings summary and ratings history on Agnico-Eagle Mines Ltd. click here. For more ratings news on Agnico-Eagle Mines Ltd. click here.
Shares of Agnico-Eagle Mines Ltd. closed at $38.58 yesterday.
Analyst, Adam P Graf, said, "Despite 2011 complications, we believe the market has regained confidence in current operations and future growth prospects. We believe shares now to be fully-valued, and are therefore downgrading our rating."
For an analyst ratings summary and ratings history on Agnico-Eagle Mines Ltd. click here. For more ratings news on Agnico-Eagle Mines Ltd. click here.
Shares of Agnico-Eagle Mines Ltd. closed at $38.58 yesterday.
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