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MAG Silver price target raised to $23 from $22 at Roth Capital

Roth Capital raised the firm’s price target on MAG Silver (MAG) to $23 from $22 and keeps a Neutral rating on the shares after its Q2 results that were “somewhat above expectations”. The firm’s higher price target also reflects the current value of the Pan-American (PAAS) offer, the analyst tells investors in a research note.

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