The Globe and Mail reports in its Wednesday, Nov. 20, edition that TD Cowen analysts continue to rate Barrick Gold "buy." The Globe's David Leeder writes in the Eye On Equities column that TD Cowen analysts gave Barrick shares a $1 trim to $26 (all figures U.S.). Despite the recent pullback in gold prices, TD Cowen analysts see current conditions remaining "a very constructive" price environment for producers that should provide for "strong" free cash flow generation in the fourth quarter. TD Cowen analysts say in a note: "The elevated gold price has created a supportive environment for sector M&A, in our view. Newmont has received relatively strong valuations for it's assets sold to date, with several sale processes ongoing. We expect the conclusion of this process will spur additional M&A amongst the mid-tiers. ... Market for streaming deals remains robust, but the potential for more $500-million-plus sized deals is slipping away. Management teams continued to highlight the depth of the deal pipeline and with potential deals focused in the $100-million to $300-million size range." The Globe reported on Oct. 18 that TD Cowen analysts rated Barrick "buy." Barrick shares could then be had for $28.07.