Goldcorp (GG) Posts Q4 GAAP Loss of $5.14/Shar

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TD Securities Downgrades Goldcorp (GG) to Hold

February 26, 2016 7:53 AM EST

TD Securities downgraded Goldcorp (NYSE: GG) from Buy to Hold with a price target of $15.50 (from $19.00). The change follows disappointing Q4 results.

Analyst Greg Barnes said, "Goldcorp is guiding for flat production at 2.83.1 Mozs over the next three years (20162018) this is lower by... More

Deutsche Bank Downgrades Goldcorp (GG) to Sell

February 26, 2016 6:56 AM EST

Deutsche Bank downgraded Goldcorp (NYSE: GG) from Hold to Sell with a price target of $13.50 (from $15.00). The change follows the release of disappointing Q4 results.

Analyst Jorge Beristain said, "Headline loss of $5.14/sh was impacted by a $3.9bn ($4.69/sh) after-tax impairment charge and a... More