AGNICO-EAGLE MINES (AEM $34.23, rated Overweight; price target cut to $40 from $80) CULTURAL AND MANAGEMENT CHANGES; LONG-TERM MODELS CUT AS MINE OUTPUT GUIDENCE CUT AT EACH LOCATION 3/16/2012

AGNICO-EAGLE MINES (AEM $34.23, rated Overweight; price target cut to $40 from
$80) CULTURAL AND MANAGEMENT CHANGES; LONG-TERM MODELS CUT
AS MINE OUTPUT GUIDENCE CUT AT EACH LOCATION 3/16/2012