BMO raises target for Newmont stock from USD 135.00 to USD 145.00
AD HOC NEWS
BMO Capital Markets has increased its target price for Newmont Corp (NEM) stock from $135.00 to $145.00, representing a 25.21% upside from its October 5, 2026 NYSE price. This increase follows Newmont's strong second-quarter operating performance, which saw the company exceed earnings estimates and generate significant free cash flow, despite missing revenue expectations. The next key event for the stock will be the release of its third-quarter 2026 results on October 22, 2026.
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