Bank of America has lowered its price forecasts for gold, silver and copper and cut price targets for several of its top precious metal stock picks.
The Analyst: Bank of America analyst Michael Jalonen lowered price targets for 18 precious metal stocks, including the following names:
Jefferies analyst Brent Thill raised the price target on Adobe Inc (NASDAQ: ADBE) to $760 from $750, implying a 17.7% upside, and reiterated a Buy, post Q3 results.
Raymond James analyst Steve Hansen downgraded Canadian National Railway (NYSE:CNI) to Market Perform from Outperform with a price target of C$158, up from C$152.…
Barclays analyst Raimo Lenschow raised the price target on LivePerson Inc (NASDAQ:LPSN) to $80 from $76, implying a 17.3% upside, and reiterated an Overweight.…