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Bank of America has raised the target price for Kinross Gold Corporation (NYSE: KGC) to $42.75, citing geopolitical tensions boosting safe-haven assets and an optimistic outlook for the stock. Gold prices continue to rise, with Kinross's stock price up more than 30% so far this year and a 245% increase over the past year. Bank of America's new target price implies a potential upside of 15% from the current level.