Newcrest shares likely to face continued pressure

James Marlay
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)

Australia equities

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