BAML cuts AEM target to $240, stays Buy

BofA Securities analyst Lawson Winder cut his price target on Agnico Eagle Mines (AEM) to $240 from $302 on July 9, keeping his rating at Buy. The cut still implies real upside, down to about 61% from 103%, against the stock’s $149.03 close.

Winder has documented 191 price targets across 30 stocks on AnaChart. His targets have landed within range of the eventual price 89.81% of the time, at a median 145 days out. That’s his full coverage record, not one specific to Agnico Eagle.

Agnico Eagle carries 12 Buy and 5 Hold ratings among the analysts AnaChart tracks. CIBC‘s Anita Soni holds the high end of the range at $304. TD Cowen‘s Steven Green anchors the low end at $106, a call from February 2025 built on just two price targets. Winder’s new $240 lands well above the stock’s current price and Green’s number, closer to Soni’s.

AEM price target chart: BofA Securities analyst Lawson Winder cuts to $240, versus street high and low targets and the stock price
Lawson Winder’s AEM target history against the street high, street low and the stock price. Each dot marks a dated call.

FAQ

What is BofA Securities’s price target on AEM?

BofA Securities’s Lawson Winder has a $240 target on AEM, rated Buy, set July 9, 2026.

What is the analyst view on AEM?

Coverage is split 12 Buy / 5 Hold, with targets from $106 (TD Cowen) to $304 (CIBC).