Jefferies Maintains a Buy on ​Newmont Corporation (NEM), Here’s What You Need to Know

​Newmont Corporation (NYSE:NEM) is one of the Cheap NYSE Stocks to Buy Now. On December 7, Fahad Tariq from Jefferies reiterated a Buy rating on the stock with a price target of 120.Earlier,onDecember1,DanielMajorfromUBSraisedthepricetargetonNewmontCorporation(NYSE:NEM)from120. Earlier, on December 1, Daniel Major from UBS raised the price target on Newmont Corporation (NYSE:NEM) from 105.5 to $125, while maintaining a Buy rating. ​Tariq from Jefferies noted that they remain bullish on gold equities due to the attractive valuation. However, he remains cautious on silver equities, again due to valu ...