By: Benzinga
UPDATE: Jefferies Lowers PT on Newmont Mining Corporation on Adjusted 4Q EPS
In a report published Monday, Jefferies reiterated its Hold rating on Newmont Mining Corporation (NYSE: NEM ), but lowered its price target from $44.00 to $40.00. Jefferies noted, “Newmont reported adjusted 4Q EPS of $1.11 beating the Street's estimate of $0.97. Like many other gold producers, Newmont has continued to
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