Reported 3 days ago
CIBC has raised its price target for Kinross Gold Corporation (NYSE:KGC) from $22 to $36 while sustaining an Outperform rating. This adjustment reflects higher gold price projections, with anticipated gold prices reaching $4,500 per ounce in 2026 and 2027, and silver at $55 per ounce. The analyst noted that the stock has shown year-to-date outperformance as it catches up with market trends.
Source: YAHOO