Stock Track | Alamos Gold Soars 5.08% Intraday on Positive Analyst Ratings from Major Banks

Stock Track

02/19

Alamos Gold's stock surged 5.08% during intraday trading on Thursday, following bullish analyst coverage from two major financial institutions.

The rally comes after Scotiabank analyst Ovais Habib maintained a Buy rating on Alamos Gold and set a price target of $60.00. Additionally, Bank of America Securities analyst Sathish Kasinathan also maintained a Buy rating on the company with a price target of $48.00.

These positive analyst assessments have boosted investor confidence in the gold mining company, leading to increased buying pressure during the trading session.

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