Research
Pan American Silver Upgraded to Buy at TD
Pan American Silver Corp. (PAAS.TO, PAAS) was upgraded to Buy from Hold at TD Securities on Tuesday.Analyst Wayne Lam raised his price target on shares of the Vancouver-based mining company to $72 from $67."We upgrade PAAS... with our view that recent updates have bolstered the outlook for the company ahead," Lam said in a note to clients."This includes the Skarn Update, which provides PAAS with a large silver focused growth project along with ongoing robust FCF simultaneously supporting growth initiatives and enhanced capital returns," the analyst said.
$PAAS$PAAS.TO
