Barrick Gold Corp. faces a downgrade from UBS, shifting from "Buy" to "Neutral," with a revised price target of $22.00 due to rising cost risks and weaker-than-expected production. Despite maintaining its 2024 production guidance, concerns over potential cost increases and lower output have led to a cautious outlook. The company continues to demonstrate financial stability, maintaining a strong market capitalization and a long-standing commitment to dividend payments.
