Cowen Upgrades Yamana Gold (AUY) to Buy
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Price: $5.85 --0%
Rating Summary:
12 Buy, 7 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
Rating Summary:
12 Buy, 7 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
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Cowen upgraded Yamana Gold (NYSE: AUY) from Hold to Buy with a price target of $16.40.
"Shares have traded off with the group YTD. However, AUY has not disappointed
in either 2012 performance or 2013 guidance, unlike its peers," the analyst notes. "Production growth for 2013-2016E leads the peer-group at a CAGR of 8.0% versus peers of 6.0%."
For an analyst ratings summary and ratings history on Yamana Gold click here. For more ratings news on Yamana Gold click here.
Shares of Yamana Gold closed at $14.71 yesterday.
"Shares have traded off with the group YTD. However, AUY has not disappointed
in either 2012 performance or 2013 guidance, unlike its peers," the analyst notes. "Production growth for 2013-2016E leads the peer-group at a CAGR of 8.0% versus peers of 6.0%."
For an analyst ratings summary and ratings history on Yamana Gold click here. For more ratings news on Yamana Gold click here.
Shares of Yamana Gold closed at $14.71 yesterday.
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