By: Benzinga
UPDATE: Citigroup Reiterates Buy Rating, Lowers PT on Kinross Gold Corporation on Lowered Estimates
In a report published Wednesday, Citigroup reiterated its Buy rating on Kinross Gold Corporation (NYSE: KGC ), but lowered its price target from $12.00 to $10.00. Citigroup noted, “After marking-to-market 4Q and adjusting for our revised forecast, we are lowering our 2013 estimate to $0.70 from $0.84. Our 2013 cost
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