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UPDATE: Morgan Stanley Reiterates on Yamana Gold as Stock is Poised to Close the Gap

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In a report published Tuesday, Morgan Stanley analyst Brad Humphrey reiterated an Overweight rating on Yamana Gold (NYSE: AUY), and raised the price target from $11.50 to $12.00.

In the report, Morgan Stanley noted, “AUY released operating results for 2013 confirming our expectations for both a miss vs guidance and a downward revision on 2014. With this overhang now removed and our expectation for a return to consistency, we believe AUY will begin to close the gap in performance vs its peers YTD.”

Yamana Gold closed on Monday at $9.75.

Latest Ratings for AUY

DateFirmActionFromTo
Nov 2020BMO CapitalUpgradesMarket PerformOutperform
Oct 2020BerenbergInitiates Coverage OnBuy
Jul 2020ScotiaBankMaintainsSector Perform

View More Analyst Ratings for AUY
View the Latest Analyst Ratings

 

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Posted-In: Brad Humphrey Morgan StanleyAnalyst Color Price Target Analyst Ratings

Latest Ratings

StockFirmActionPT
SAMEvercore ISI GroupMaintains1,500.0
SEAutonomous ResearchInitiates Coverage On378.0
ALHCMorgan StanleyInitiates Coverage On36.0
ALHCRaymond JamesInitiates Coverage On30.0
HAEMorgan StanleyDowngrades83.0
View the Latest Analytics Ratings
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