July 13, 2015 / 11:19 AM / 2 years ago

BUZZ-Iamgold Corp: RBC cuts rating, PT

** Canadian miner's U.S.-listed shares down about 5.4 pct at $1.73 premarket

** RBC downgrades stock to "underperform" from "sector perform"; cuts price target to $2.25 from $2.75

** Lower gold production and higher production costs to weigh on company's share price, RBC analysts say in a note

** 3 of 16 brokerages rate the stock "buy", 6 "hold" and 7 "sell" or lower; their median PT is $2.73

** Up to Friday's close, stock had fallen about 32 pct this year

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