Macquarie has increased its price target for Newmont Corporation (NEM) to $126 from $115, while reaffirming its “Outperform” rating on the stock. This adjustment reflects an updated outlook from the investment bank regarding the gold mining company. The news was published on February 6, 2026, at 11:45 am EST.
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Macquarie Adjusts Price Target on Newmont to $126 From $115, Maintains Outperform Rating
Macquarie has increased its price target for Newmont Corporation (NEM) to $126 from $115, while reaffirming its “Outperform” rating on the stock. This adjustment reflects an updated outlook from the investment bank regarding the gold mining company. The news was published on February 6, 2026, at 11:45 am EST.