Credit Suisse analyst Anita Soni upgraded Goldcorp to Outperform and raised her price target for the shares to $19 from $15.50. The shares closed Friday up 45c, or 3%, to $14.35.

Soni sees Goldcorp posting “attractive” growth over the next two years and believes its analyst day on January 16 will serve as a positive catalyst for the shares.

The analyst views the company’s valuation as attractive relative to peers.