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Newcrest shares likely to face continued pressure

James Marlay

Livewire Markets

Newcrest shares likely to face continued pressure. Analysts at Citi have issued a second downgrade of their target price from $13 down to $11. The downgrade come amongst rumblings of asset sales and a potential equity raising that would likely increase pressure on the faltering share price. (VIEW LINK)

James Marlay
James Marlay
Co Founder
Livewire Markets

Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions. Safe investing and thanks for reading Livewire.

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