Kinross Gold (NYSE:KGC) is raised to Buy from Underperform with a $12.75 price target, raised from $9.25, at Bank of America, but shares -0.8% in Monday's trading as miners fall alongside gold prices as investors liquidated bullion positions as part of a broader market selloff sparked by worries around Chinese AI start-up DeepSeek.

Bank of America revised ratings on two major players in the precious metals sector, downgrading Barrick Gold Corp. (NYSE:GOLD) to Neutral and double-upgrading Kinross Gold (NYSE:KGC) Corp. to Buy.