Harmony Gold Mining Company Limited (NYSE:HMY) saw a 7.53% increase in its stock price on Monday, ending at $14.99 per share after a positive initial coverage and a price target upgrade from BMO Capital. The investment firm gave HMY a “market perform” rating and a price target of $16, citing the company’s strong position in the gold mining industry and steady operational results. BMO Capital plans to continue monitoring HMY’s performance before taking a more positive stance on the stock. While HMY shows promise, some AI stocks may offer higher returns with less risk.

Read more at Yahoo Finance: Harmony Gold (HMY) Gets Price Target Upgrade, Jumps 7.5%