UPDATE: Morgan Stanley Reiterates on Kinross Gold Due to Uncertainty on Expansion Plans
February 10, 2014 at 08:44 AM EST
In a report published Monday, Morgan Stanley analyst Paretosh Misra reiterated equal-weight on Kinross Gold Corp (NYSE: KCG ). The price target remains at $5.25. Misra sees 3 possible forces that could lead to outperformance: 1) Postive FCF given by 2014 cost control, 2) better reserves because of lower