Farooq Hamed

The share price of Silver Wheaton Corp. (USA) (NYSE: SLW) has appreciated 17.3 percent over the past month, from a low of $11.47 on October 1. Barclays’ Farooq Hamed has initiated coverage of the company with an Overweight rating and a price target of $18. Although the Canada...

In a report published Friday, Barclays analyst Farooq Hamed upgraded the rating on Barrick Gold Corporation (USA) (NYSE: ABX), while lowering the price target from $11 to $10. The analyst believes that the company's ability to reduce debt removes an overhang on the stock. According to...