Scotiabank cuts PT on Barrick Gold after Q3 profit miss
** Scotiabank cuts price target on gold miner Barrick Gold GOLD.N ABX.TO to $24 from $25 after the company missed third-quarter profit estimates on Thursday
** Barrick's U.S.-listed shares down 1.8% premarket in low-gold-price environment
** The new price target represents a 30% upside to the stock's last close
** Brokerage remains slightly negative on the company due to operating issues on grades, throughput and mine design at Pueblo Viejo, Turquoise Ridge and Carlin
** Sees these will persist into 2025 and are expected to impact production
** Thirteen of 18 brokerages rate the stock "buy" or higher and five "hold"; their median PT is $24.67 - LSEG data
** Till last close, stock is up 2.16% YTD
Reporting by Pooja Menon in Bengaluru
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