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Downgrades: KGC, INTC


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Downgrades: KGC, INTC

This morning, Bank of America lowered its price target on shares of Kinross Gold (KGC) to $24 as the firm expects short term weakness following the merger wtih Red Back Mining. Though in the report, Bank of America maintains its buy rating on the stock and is bullish on the direction of gold in the long term.








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