By: Benzinga
May 08, 2013 at 09:27 AM EDT
UPDATE: Canaccord Genuity Upgrades IAMGOLD to Buy Following Strong Earnings Beat
In a report published Wednesday, Canaccord Genuity analyst Steven Butler upgraded the rating on IAMGOLD Corporation (NYSE: IAG ) from Hold to Buy, but slightly lowered the price target from $8.25 to $7.40. In the report, Butler noted, “We are revising our recommendation on IAMGOLD to BUY from Hold based
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