By: Benzinga
February 04, 2013 at 09:05 AM EST
Bank of America Reiterates Buy Rating, $137.36 PT on Randgold Resources
In a report published Monday, Bank of America reiterated its Buy rating and $137.36 price target on Randgold Resources (NASDAQ: GOLD ). Bank of America noted, “Randgold is a mid-cap pure gold play with output forecast to increase by around 25% to over 1Mozpa by 2014. Randgold has outperformed its
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