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I Am Gold (IAG) Strong Buy PT $7.50

|Includes:IAMGOLD Corporation (IAG)

I Am Gold (NYSE:IAG) undervalued to peers in gold mining segment, as gold price continue upward and rest at $1400-1500 level through summer, IAG positioned to return to high profitability levels than current estimated by consensus. In addition, consolidation within the segment suggest and acquisition of the company may be imminent.

6-mo PT $7.50

Stocks: IAG