TD Cowen upgrades Newmont to Buy, lowers target to $127

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Radhika SScanX News Team
Key Highlights

TD Cowen analyst Steven Green upgraded Newmont from Hold to Buy and lowered the price target to $127 from $129, signaling increased confidence despite the reduced valuation target.

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TD Cowen analyst Steven Green has upgraded Newmont (NYSE: NEM) from Hold to Buy while lowering the price target to $127 from $129. The rating change signals increased confidence in the stock's performance potential despite the reduction in the valuation target.

Rating and Target Details

The research note shifts the brokerage's stance to positive, highlighting a revised investment thesis. The price target adjustment reflects a recalibration of expected returns based on current market conditions.

Metric Value
Rating Buy
Previous Rating Hold
Previous Price Target $129
New Price Target $127
Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What specific factors drove the increased confidence in Newmont's performance potential despite the lower price target?

How might current market conditions influence Newmont's ability to meet the revised price target?

What are the potential risks or challenges Newmont could face in the near term?

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Newmont Corporation to announce Q2 2026 results on July 23

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Reviewed by
Anirudha BScanX News Team
Key Highlights

Newmont Corporation will release its Q2 2026 results on July 23, 2026, followed by a conference call. Analysts can register for Q&A, and a webcast replay will be available on the company's website.

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Newmont Corporation will release its second quarter 2026 results after North American markets close on Thursday, July 23, 2026. The company, listed on the NYSE, ASX, and PNGX, will host a conference call to discuss the financial performance and operational updates. Investors can access the live webcast and subsequent replay through the Investor Relations section of its website.

The conference call is scheduled for 5:30 p.m. Eastern Daylight Time on July 23, which corresponds to 7:30 a.m. Australian Eastern Standard Time on Friday, July 24, 2026. Analysts wishing to participate in the question-and-answer session must register in advance using the provided link. The event will be archived on the company's website for a limited period following the live broadcast.

Webcast and Access Details

Newmont has provided specific URLs for attendees and analysts to join the discussion. The webcast materials will be available on July 23 after the market close.

Event Time Access Link
Live Webcast 5:30 p.m. EDT (July 23) https://events.q4inc.com/attendee/353898444
Analyst Q&A Registration Pre-event https://events.q4inc.com/analyst/353898444?pwd=0se8BdaL

Company Overview

Newmont is the world’s leading gold company and a producer of copper, zinc, lead, and silver. Founded in 1921 and publicly traded since 1925, it is the only gold producer listed in the S&P 500 Index. The company emphasizes environmental, social, and governance practices in its operations.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What impact will Newmont's Q2 2026 results have on gold and copper market trends?

How might Newmont's operational updates influence its stock performance across NYSE, ASX, and PNGX?

What are analysts' expectations for Newmont's Q2 2026 earnings and revenue?

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