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Gold is poured at Agnico-Eagle's Meadowbank Mine.
Gold is poured at Agnico-Eagle's Meadowbank Mine.
(CHRIS WATTIE/REUTERS)

Thursday's analyst upgrades and downgrades

Inside the Market’s roundup of some of today’s key analyst actions. This file will be updated during the trading day. For breaking analyst actions prior to market open every day, read our Before the Bell morning report.

This is the kind of day gold bugs dread. Three major banks have significantly cut their gold price projections, resulting in a slew of downgrades and price target cuts for producers of the metal.