UPDATE: RBC Capital Markets Reiterates Outperform Rating, Lowers PT on Eldorado Gold Corp. (USA) on Elevated Risk

In a report published Thursday, RBC Capital Markets analyst Dan Rollins reiterated an Outperform rating on Eldorado Gold Corp. (USA) EGO, but lowered the price target from $7.50 to $6.50. In the report, RBC Capital Markets noted, "Given Eldorado's underlying fundamentals in the context of its current valuation, we believe it is well positioned to outperform its peers once uncertainty around its Greek build-out abates. Although the level of risk associated with Skouries remains elevated, we expect, in the end, reason will prevail and the project will move forward." Eldorado Gold Corp. (USA) closed on Wednesday at $4.73.