UPDATE: Citigroup Reiterates Buy Rating, Lowers PT on Barrick Gold Corporation on Revised EPS Estimates
Posted on February 15, 2013 at 13:03 PM EST
In a report published Friday, Citigroup reiterated its Buy rating on Barrick Gold Corporation (NYSE: ABX ), but slightly lowered its price target from $44.00 to $43.00. Citigroup noted, “We are revising our 2013 and 2014 EPS estimates down to $3.95 from $4.29 and to $4.00 from $4.20, respectively, to