GREY:DRGDF - Post by User
Post by
vilaon Aug 26, 2013 12:06pm
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Post# 21697824
news.. target cut
news.. target cutDetour Gold Corp. should see further share price gains as its mine nears design levels and the strength of its balance sheet improves, said RBC Dominion Securities analyst Dan Rollins.
He updated his model on the company to reflect its latest guidance and second-quarter results.
Although this resulted in Mr. Rollins trimming his price target on the stock, he added that “we continue to believe Detour offers investors an attractive risk/reward opportunity.”
Target: Mr. Rollins cut his target by $1 to $18 but reiterated an “outperform” rating. The average target is $17.11.
My guess would be: Mr. Rollins friends want in.