BUZZ-Primero Mining Corp: Brokerage upgrades to "buy"

Fri Jul 25, 2014 12:38pm EDT
 
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** Canadian miner's U.S.-listed shares up 7.3 pct at $8

** Analysts at Cantor Fitzgerald upgrade stock to "buy" from "hold"; increases price target to $9.35 from $9.25

** Raises gold price forecast for 2014 by 1.9 pct to $1,317/ounce

** Raised gold price forecast for 2015 by 2.3 pct to $1,381/ounce

** Spot gold price was around 1,298/ounce on Friday afternoon