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Home.forex news reportCiti Raises its Price Target on Barrick Mining Corporation (B) to $48...

Citi Raises its Price Target on Barrick Mining Corporation (B) to $48 While Maintaining a Neutral Rating

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Barrick Mining Corporation (NYSE:B) is included among the 11 Best Mining Stocks to Buy According to Wall Street.

Citi Raises its Price Target on Barrick Mining Corporation (B) to $48 While Maintaining a Neutral Rating
Citi Raises its Price Target on Barrick Mining Corporation (B) to $48 While Maintaining a Neutral Rating

On February 9, 2026, Citi analyst Alexander Hacking raised his price target on Barrick Mining Corporation (NYSE:B) to $48 from $38 while maintaining a Neutral rating. The revision followed Barrick’s latest quarterly results and the company’s updated operational outlook.

Other price target updates around the same period reflected a more mixed but still constructive tone. On February 6, 2026, UBS lowered its price target on Barrick Mining Corporation (NYSE:B) to $55 from $59 while keeping a Buy rating.

The updates followed Barrick Mining Corporation’s earnings report on February 5, 2026, when the company posted fourth-quarter revenue of $6.00 billion, well ahead of the $5.16 billion consensus estimate. Gold production increased 5% quarter over quarter to 871,000 ounces, while copper production reached 62,000 tons. Management said the quarter capped a strong 2025, delivering record cash flow and adjusted EPS, which supported a 40% increase in the quarterly base dividend, and added that operational momentum is expected to carry into 2026.

Barrick Mining Corporation (NYSE:B) engages in the exploration, development, production, and sale of mineral properties. It explores for gold, copper, silver, and energy materials. The company was formerly known as Barrick Gold Corporation and changed its name to Barrick Mining Corporation in May 2025. Barrick Mining Corporation was founded in 1983 and is based in Toronto, Canada.

While we acknowledge the potential of B as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT:  11 Best Mining Stocks to Buy According to Wall Street and 10 Most Profitable Undervalued Stocks to Buy

Disclosure: None.



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