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Jefferies: Lowered its price target for Newmont Mining (NEM.N) from $158 to $146.

2026-07-06

Jefferies: Lowered its price target for Newmont Mining (NEM.N) from $158 to $146.

Other News
2026-07-06

UBS cut Laopu Gold (06181.HK) PT to HK$650 from HK$930 and reiterated a Buy rating. The bank says boutique upgrades, VIC services and more frequent new-product launches enhance the company’s brand, channel and product positioning, helping cushion a g

UBS cut Laopu Gold (06181.HK) PT to HK$650 from HK$930 and reiterated a Buy rating. The bank says boutique upgrades, VIC services and more frequent new-product launches enhance the company’s brand, channel and product positioning, helping cushion a gold-price pullback. UBS views the shares as oversold and cites potential catalysts including stronger-than-expected 1H results, VIC-related activity and H2 overseas store openings; it forecasts 1H revenue and net profit up about 93% and 118% YoY. UBS expects gold prices to recover in H2, notes new stores could offset same-store-sales pressure if gold stays weak, trimmed 2026–28 EPS forecasts by 0–2% and cut the PT citing high base effects, slower medium-term growth and competitive pressures.
2026-07-06

The STAR Market 50 Index rebounded in a V-shape and turned positive again. Among its constituent stocks, Huahong Grace Semiconductor, Shengke Communication and Haiguang Information rose by more than 6%.

The STAR Market 50 Index rebounded in a V-shape and turned positive again. Among its constituent stocks, Huahong Grace Semiconductor, Shengke Communication and Haiguang Information rose by more than 6%.
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