Coeur Mining price target raised to $25 from $23 at TD Securities

TD Securities analyst Wayne Lam raised the firm’s price target on Coeur Mining (CDE) to $25 from $23 and keeps a Buy rating on the shares. The firm is constructive on the New Gold acquisition, saying it positions Coeur as the potential new leader in North American silver. It believes Coeur is a core holding for investors with a focus on mine life extension and silver exposure.