Newmont Mining (NEM) Shares Rebound Amid Mackie Research Upgrade

April 30, 2012 2:30 PM EDT
Get Alerts NEM Hot Sheet
Price: $131.58 +3.09%

Rating Summary:
    20 Buy, 10 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Shares of Newmont Mining Corp. (NYSE: NEM) jumped in afternoon trade Monday following an intraday upgrade from Mackie Research. The firm now rates the stock a Buy, up from Hold previously. A $60 price target was maintained.

The stock is now down 0.5 percent to $47.62. Shares hit an afternoon low at $47.24 just ahead of the upgrade.

For an analyst ratings summary and ratings history on Newmont Mining Corp. click here. For more ratings news on Newmont Mining Corp. click here.


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