Bernstein Upgrades Newmont (NEM) to Outperform, Sets $157 Target Price

6 months ago 19

Venkatesh

Sun, March 1, 2026 astatine 9:04 AM CST 2 min read

Newmont Corporation (NYSE:NEM) is 1 of the Top 10 Stocks Warren Buffett Would Buy successful 2026.

Bernstein Upgrades Newmont (NEM) to Outperform, Sets $157 Target Price

Bernstein Upgrades Newmont (NEM) to Outperform, Sets $157 Target Price

On February 27, 2026, Newmont Corporation (NYSE:NEM) saw its standing from Bernstein upgraded from Market Perform to Outperform. The firm’s expert Bob Brackett acceptable a terms people of $157. The probe enactment cited the firm’s bullish presumption connected golden arsenic the crushed for the stock’s upgrade. Bob besides pointed to the caller CEO’s focused agenda, realistic guidance, and a reconciliation with its biggest joint-venture spouse arsenic catalysts for the stock’s caller rating.

In different development, connected February 26, 2026, Bank of America raised its terms people connected Newmont Corporation (NYSE:NEM) from $134 to $151 portion maintaining a Buy rating. According to the analyst, the steadfast is revising its valuation targets for North American Metals & Mining stocks, pursuing updated 2026 metallic terms forecasts.

As of February 27, 2026, CNN recorded a statement Buy standing from 27 analysts pursuing Newmont Corporation (NYSE:NEM). The 1-year mean upside imaginable connected the banal stands astatine 7.51%.

Founded successful 1921, Newmont Corporation (NYSE:NEM) is 1 of the largest golden mining companies and a important shaper of copper, silver, zinc, and lead, with office successful Colorado.

While we admit the imaginable of NEM arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 10 Best Stocks to Buy successful 2026 According to Reddit and 13 High-Quality S&P 500 Financial Stocks According to Hedge Funds.

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