GOLDCORP (GG $39.54 rated Underweight with $26 down from $32 price target) DISCOUNT RATE INCREASED AND ESTIMATED PREMIUM TO NPV LOWERED DUE TO OPERATING STRUGGLES AT RED LAKE AND EIGHT PROJECTS BEING CONSTRUCTED IN AN ENVIRONMENT OF RISING CAPITAL COSTS 6/18/2012

GOLDCORP (GG $39.54 rated Underweight with $26 down from $32 price target)
DISCOUNT RATE INCREASED AND ESTIMATED PREMIUM TO NPV LOWERED
DUE TO OPERATING STRUGGLES AT RED LAKE AND EIGHT PROJECTS
BEING CONSTRUCTED IN AN ENVIRONMENT OF RISING CAPITAL COSTS 6/18/2012