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Gold Fields (GFI) Stock Gains on Goldman Sachs Upgrade

NEW YORK (TheStreet) -- Shares of Gold Fields (GFI) are rising 3.46% to $5.53 in early-afternoon trading on Friday after Goldman Sachs upgraded the stock to "buy" from "neutral."

Safe-haven demand has surged following Britain's recent decision to leave the European Union, benefiting gold prices.

Gold Fields in particular is poised to receive heightened investor interest given its high free cash flow and dividend yield, which has room to increase further, Goldman Sachs wrote in a note cited by Barron's.

The markets may be unpredictable, but...