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Home»Business»Citi is Bullish on Newmont Company (NEM)
Business

Citi is Bullish on Newmont Company (NEM)

VernoNewsBy VernoNewsJanuary 25, 2026No Comments2 Mins Read
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Citi is Bullish on Newmont Company (NEM)
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Newmont Company (NYSE:NEM) is among the many 15 Greatest Performing Silver Shares to Purchase.

Citi is Bullish on Newmont Corporation (NEM)
Citi is Bullish on Newmont Company (NEM)

Based on TheFly, Citi lifted Newmont Company (NYSE:NEM)’s value purpose from $104 to $118 and saved its Purchase score on January 12. Up to date firm tips and commodity value estimates are mirrored within the modification. After a notable surge, Citi declared that it’s impartial on gold costs and anticipates moderation all year long. The corporate predicts that in 2026, the typical value of an oz of gold might be $3,925. Moreover, Citi anticipates that the company’s attributable output in 2025 might be near the center of its steering vary.

Raymond James upgraded their value goal for Newmont Company (NYSE:NEM) from $99 to $111 on December 29, 2025. An Outperform score was reaffirmed. The corporate revised its estimates for gold costs within the fourth quarter, which led to an alteration to its valuation. The anticipated rise is according to the revised This fall projections that Raymond James included within the firm’s monetary forecast.

Newmont Company (NYSE:NEM) is without doubt one of the world’s greatest gold mining firms. Newmont additionally generates vital quantities of copper, silver, zinc, and lead as byproducts.

Whereas we acknowledge the potential of NEM as an funding, we imagine sure AI shares provide larger upside potential and carry much less draw back threat. For those who’re in search of an especially undervalued AI inventory that additionally stands to profit considerably from Trump-era tariffs and the onshoring development, see our free report on the greatest short-term AI inventory.

READ NEXT: 20 Greatest Performing Shares in 2025 and 12 Greatest Meals Shares to Purchase in 2026. 

Disclosure: None. This text is initially revealed at Insider Monkey.

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