The Globe and Mail reports in its Thursday, Oct. 12, edition that Stifel analyst Ingrid Rico has elevated her recommendation for Eldorado Gold to "buy" from "hold." The Globe's David Leeder writes in the Eye On Equities column that Ms. Rico cut her share target to $15.50 from $16.50. Analysts on average target the shares at $12.42. The Globe says Ms. Rico issued her rating upgrade in response to a recent pullback in valuation and following a site tour of Eldorado's operations in Greece and Turkey last week. Ms. Rico says in a note: "The tour showcased the Skouries project, the main growth driver over the next five-years. With the project 50-per-cent built, Eldorado reiterated commercial production expectations (late 2025), but the remaining key items to completion, in our view, are not without risks. 2024 will be an important year for Skouries success. We were pleased to see both Kisladag and Efemcukuru performing well, which in our view shows that Eldorado does have the operating template to be replicated. At Olympias, we recognize that the mine has made some progress, but we left the site with the view that more work [and time] will be needed for this asset to show consistent results."