Raymond James raised its price target on Elemental Royalty Corp. (ELE.TO) to CA$36 from CA$33.
Analyst Brian MacArthur maintained an outperform rating on shares of the gold-focused royalty company following agreements to acquire a portfolio of precious metals assets for $290 million and divest of its Generation Business.
"These transactions provide growth, improve the precious metals component of the portfolio while at the same time reducing G&A," MacArthur said in a note to clients.
(Updates with the analyst's commentary.)BofA Securities upgraded Eldorado Gold (EGO) to buy from underperform and raised its price target to $54 from $32.Following the de-risking of Skouries, the company's "flagship growth asset," the brokerage said it expects free cash flow to increase to $1.5 billion in 2027.BofA said it also expects Eldorado's gold production to increase by 29% and all-in sustaining costs to fall by 24% in the same year.Eldorado Gold has an average rating of overweight and mean price target of $47.82, according to analysts polled by FactSet.Price: $44.33, Change: $+1.96, Percent Change: +4.63%
Netflix (NFLX) has an average rating of overweight and mean price target of $93.57, according to analysts polled by FactSet.
RBC Capital Markets on Tuesday downgraded luxury goods group LVMH (MC.PA) to sector perform from outperform rating and reduced its price target to 475 euros from 575 euros.