The Globe and Mail reports in its Thursday, July 17, edition that TD Cowen analyst Steven Green has lowered his recommendation for Lundin Gold to "hold" from "buy." The Globe's Darcy Keith writes in the Eye On Equities column that Mr. Green's share target, however, advanced $8 to $73. Analysts on average target the shares at $60.46. Mr. Green's rating downgrade came on the back of TD's new metal price assumptions. Mr. Green says in a note: "This is purely a valuation, risk/reward call; we view Lundin Gold as a high-quality, well-managed company with industry-leading capital returns. However, the near-term upside has been largely priced into the shares at this point. We see better value in other producers." The Globe reported on Feb. 12 that RBC Capital Markets had maintained Lundin Gold at "sector perform." The shares were then worth $39.20. The Globe reported on Feb. 28 and May 15 that Mr. Green had reaffirmed his "buy" recommendation for Lundin Gold. The shares could then be had for $40.22 and $56.44. The Globe reported on June 25 that National Bank Financial analyst Don DeMarco had downgraded Lundin Gold to "sector perform" from "outperform." The shares could then be had for $72.82.