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First Majestic price target raised to $14 from $12.75 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on First Majestic (AG) to $14 from $12.75 and keeps a Buy rating on the shares. The firm says its Santa Elena site visit reaffirmed the company should be able to generate significant free cash flow over the coming quarters.

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