BMO Lifts Price Targets on Gold Stocks as Gold Rises (ABX, AUY, KGC, GLD, more)

Analysts at BMO Capital raised their price targets on numerous gold & silver-related stocks this morning:

• Agnico-Eagle Mines (NYSE: AEM) from $40 to $66; stock trading at $47.20
  
• Barrick Gold (NYSE: ABX) from $32 to $47.50; stock trading at $32.44
  
• Golden Star Resources (AMEX: GSS) from $0.70 to $1.70; stock trading at $1.13
  
• Silver Wheaton (NYSE: SLW) from $3.75 to $8; stock trading at $5.79
  
• Yamana Gold (NYSE: AUY) from $7.50 to $10; stock trading at $6.54
  
• Goldcorp (NYSE: GG) from $35 to $37.50; stock trading at $25.61
  
• Kinross Gold (NYSE: KGC) from $18 to $28; stock trading at $17.23

The SPDR Gold Trust (NYSE: GLD), a very popular gold-focused ETF, is up 0.4% to $81.04 today. Notably, the SPDR Gold Trust fell nearly 4% yesterday and is down over 6% from recent highs set on the first day of '09.

To view all the news on the SPDR Gold Trust as it breaks, visit StreetInsider.com's Stock Lookup page for the ETF.

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