NGD - NEW BUY rating just out !! - Here we goooooo Globe says Hanley raises New Gold to "buy" from "hold"
2020-02-18 07:39 ET - In the News
The Globe and Mail reports in its Saturday edition that Laurentian Bank Securities analyst Ryan Hanley raised New Gold to "buy" from "hold" following Thursday's release of its quarterly results and 2020 outlook.
The Globe's David Leeder writes in the Eye On Equities column that Mr. Hanley says the company has "outlined a path to profitability." Mr. Hanley lowered his share target to $1.50, which exceeds the consensus by seven cents.