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Why Newmont Corporation (NEM) Is Gaining Analyst Attention
Newmont Corporation (NEM) is attracting significant analyst attention, with BofA raising its price target to $151 and Bernstein SocGen Group upgrading the stock to Outperform with a $157 target, citing a bullish outlook on gold and alpha catalysts like a new CEO and attainable guidance. As of March 5, 81% of analysts recommend Newmont as a buy, with a median price target of $140, indicating a potential upside of 21.52%.