Newmont Corp stock gains as Bernstein trims price target
Newmont Corp stock traded around USD 129 on September 9, 2026, gaining approximately 1.5 percent as the gold miner remained well above its recent lows but below its 52-week high of USD 135.29. The shares were supported by a firm backdrop for gold and precious...
Bullish Signals
- Stock gained 1.5% on Sept 9, trading near USD 129.
- Bernstein maintains Outperform rating despite price target cut.
- Trades 69.6% above 52-week low of USD 76.05.
- Delivered year-to-date gain above 30%.
Bearish Signals
- Bernstein cut price target to USD 144.
- UBS reduced target by 14.3% to USD 120.
- Stock trades below 52-week high of USD 135.29.
- Future cuts possible if gold prices weaken.