Newmont Corporation (NEM) continues to be a strong performer in the market and is gaining growing interest from various investment firms, with Florida Financial Advisors LLC, Varma Mutual Pension Insurance Co, and the Illinois Municipal Retirement Fund securing several shares. Notably, performance tends to advance even amidst market declines. There has been a positive response from investors, propelled by overarching bullish sentiments and an observed trend of exceeding market returns. Changes in price targets show a mixed landscape; Bank of America reduced its price target to $134, while CIBC raised its target to $177. Both maintained a positive rating. Investors are gearing up for potential growth in NEM's earnings. Investment management companies also registered a significant change in their NEM shareholdings; a prominent example includes the selling of 173,245 shares by Sound Shore Management Inc CT. Potential investors are reminded of the stock's recent performance, which included the achievement of crossing the 20-day moving average. The company also announced leadership changes with CEO Tom Palmer retiring and President & COO Natascha Viljoen stepping in as successor.
Newmont Corporation NEM News Analytics from Tue, 08 Jul 2025 07:00:00 GMT to Sat, 14 Feb 2026 19:09:38 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -2
