Scotiabank Lifts IAMGold Corporation (IAG) PT to $23 Driven by Record Gold, Silver Price Forecasts

1 month ago 13

Maham Fatima

Wed, February 4, 2026 astatine 8:03 AM CST 1 min read

IAMGold Corporation (NYSE:IAG) is 1 of the inexpensive blistery stocks to put successful close now. On January 26, Scotiabank accrued its terms people for IAMGold to $23 from $15 portion maintaining a Sector Perform rating. This accommodation is portion of a broader update crossed the firm’s Gold & Precious Minerals coverage, driven by higher golden and metallic forecasts. The steadfast noted that these revised projections are supported by ongoing economical and geopolitical uncertainty, arsenic good arsenic robust buying enactment from cardinal banks.

On January 23, Canaccord raised the firm’s terms people connected IAMGold Corporation (NYSE:IAG) to C$32 from C$23.50, portion maintaining a Buy rating.

Scotiabank Lifts IAMGold Corporation (IAG) PT to $23 Driven by Record Gold, Silver Price Forecasts

Additionally, connected January 19, Bank of America raised the terms people connected IAMGold to $20.50 from $17.50 and kept a Buy rating. The steadfast accrued targets crossed the North American precious metals group, noting successful a probe enactment that galore macro drivers pushing golden prices higher person intensified. Additionally, BofA anticipates that institution superior returns for Q4 2025 volition beryllium strong.

IAMGold Corporation (NYSE:IAG), done its subsidiaries, operates arsenic a golden shaper and developer successful Canada and Burkina Faso.

While we admit the imaginable of IAG 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.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.