TD Report - Greg BarnesWe are reinstating our BUY recommendation; our revised target price is
$65.00/sh (previously $80.00/sh)
It appears that my worst fear about this deal has come to fruition. Although Barnes was quite positive in his report, he nevertheless has brought the "new" company from AEM's previous lofty valuation towards KL's previous substandard valuation. No explanation why..... which seems kind of weaselly to me.