- Goldcorp (GG -3.7%) sinks after Credit Suisse downgrades shares to Neutral from Outperform with a $14 price target, cut from $15.50, citing potential headwinds from a CEO transition and concerns over the production outlook.
- The firm says the transition to new CEO David Garofalo, who is currently the CEO of HudBay Minerals, could create uncertainty about the strategy and the outlook for the company.