By: Benzinga
April 15, 2013 at 10:09 AM EDT
UPDATE: J.P. Morgan Downgrades Barrick Gold Corporation to Neutral on Pascua Lama Uncertainty
In a report published Monday, J.P. Morgan analyst John Bridges downgraded the rating on Barrick Gold Corporation (NYSE: ABX ) from Overweight to Neutral, and lowered the price target from $47.00 to $35.00. In the report, Bridges noted, “In the 2000s, Barrick Gold focused on growth and offered investors gold
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