Newmont Corporation received an upgrade from Bernstein from Market Perform to Outperform, with a price target raised to $157, driven by a bullish outlook on gold. The company plans to invest $800 million to extend the life of its Cerro Negro mine beyond 2035, funding the project from its strong 2025 free cash flow and net cash position without taking on new debt. This strategic investment in a core asset highlights financial strength and growth commitment.