The Globe and Mail reports in its Wednesday, Dec. 20, edition that BMO Capital analyst Jackie Przybylowski has reaffirmed her "outperform" recommendation for Iamgold. The Globe's David Leeder writes in the Eye On Equities column that Ms. Przybylowski cut her share target back by 25 U.S. cents to $3.25 (U.S.). Analysts on average target the shares at $4.32 (U.S.). Ms. Przybylowski says in a note: "The updated life-of-mine plan extends operations to 2028 (from 2026 previously), although we had previously assumed subsequent production from stockpiles to 2033. The shorter total mine life has resulted in lowering our target modestly to $3.25 (U.S.)/share (from $3.50 (U.S.)/share previously). Offsetting this slightly is deferral of the previously arranged gold prepay and addition of a new forward sale which increases cash flow to Iamgold in Q1/24." The Globe reported on April 19 that Ms. Przybylowski, citing Iamgold's valuation after rallying in 2022 and concerns about the impact of the continuing review of its Cote gold project in Northern Ontario, cut her recommendation to "market perform" from "outperform." It was then worth $4.20 (Canadian).