Barrick Mining Corporation (NYSE:B) is considered one of the most undervalued large cap stocks to invest in now. JPMorgan initiated coverage with an Overweight rating and $68 price target, citing bullish gold outlook. Canaccord raised price target to C$80, while Bank of America raised target to $58 with a Buy rating, expecting strong Q4 returns for shareholders.
Barrick Mining Corporation (NYSE:B) explores, develops, produces, and sells mineral properties, focusing on gold, copper, silver, and energy materials. Despite its potential, some believe other AI stocks offer greater upside and less risk. For an undervalued AI stock benefiting from Trump-era policies, check out the free report on the best short-term AI stock.
For more investment ideas, check out “30 Stocks That Should Double in 3 Years” and “11 Hidden AI Stocks to Buy Right Now” on Insider Monkey. No disclosure of any holdings in the article. Original source: Insider Monkey.
Read more at Yahoo Finance: JPMorgan Initiates Barrick Mining (B) at Overweight with $68 PT on Bullish Gold Outlook
