Eldorado Gold (NYSE:EGO) Boosted by UBS (NYSE:UBS)

UBS AG (NYSE:UBS) has upgraded Eldorado Gold (NYSE:EGO), raising them from "Neutral" to "Buy"

A sell-off in gold has pushed gold prices down today, and Eldorado, along with most gold miners, has been pressured down with them.

Eldorado was trading at $17.99, down $0.38, or 2.07 percent, as of 2:46 PM EST. UBS has raised their price target on them from $20 to $22.50.

Consensus is Eldorado will generate $0.15 EPS for the quarter.

Spot gold was trading at $1,386.30, down $9.50 as of 2:48 PM EDT.