broker upgrade

Brokers in the US have raised their recc on the NYSE version of the stock to a BUY.
Given the SP on the ASX has behaved very similarly to the one one the NYSE, I'm following suit with my holdings here.


TD Newcrest upgrades Eldorado Gold Corp. (NYSE: EGO) from Hold to Buy. Price target increased by $0.50 to $16.

TD analyst says, "We are increasing our target price to $16.00 and given recent share price weakness, we are upgrading Eldorado to a BUY recommendation. Eldorado remains one the lowest cash cost gold producers in our universe and, in our opinion, has a strong management team and one of the best growth profiles over the next four years...The main risks facing Eldorado include forecast, financial, technical and political risks."