Coeur Mining price target raised to $13 from $12 at Roth Capital

Roth Capital analyst Joe Reagor raised the firm’s price target on Coeur Mining (CDE) to $13 from $12 and keeps a Buy rating on the shares. The company’s Q2 results were slightly better than the firm expected, demonstrating another “strong” quarterly performance, the analyst tells investors in a research note. The firm added that the results helped to further strengthen the company’s balanced sheet, with further production growth anticipated in the second half of the year.