UPDATE: Bank of America Upgrades Gold Fields Limited on Improving Outlook

In a report published Monday, Bank of America analyst Avishkar Nagaser upgraded the rating on Gold Fields Limited (NYSE: GFI ) from Underperform to Neutral, but lowered the price target from $5.00 to $4.70. In the report, Bank of America noted, “Since the start of September, Gold Fields (GFI) has