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AngloGold Ashanti Gets Upgrades as Gold Fields Gets Downgrade

AngloGold Ashanti Gets Upgrades as Gold Fields Gets Downgrade

Today, BMO Capital Markets upgraded AngloGold Ashanti (AU) from “market perform” to “outperform” and raised the stock’s target price from $16 to $21. The bank believes that AU has a solid track record and is on track to get its Obuasi mine operational by the end of the year.