By: Benzinga
February 15, 2013 at 08:36 AM EST
UPDATE: Credit Suisse Upgrades Kinross Gold Corporation to Outperform on Valuation, Sentiment
Credit Suisse upgraded Kinross Gold Corporation (NYSE: KGC ) from Neutral to Outperform. Credit Suisse noted, "With the overhang removed from an impending writedown and clarity achieved on the choice for a 30ktpd mill option at Tasiast we are upgrading our target multiple for KGC to 1.3x P/NAV (from 1.1x),
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