Osisko Gold price target raised to $26.50 from $25.50 at Raymond James

Raymond James raised the firm’s price target on Osisko Gold (OR) to $26.50 from $25.50 and keeps an Outperform rating on the shares following the Q1 results. Osisko Gold offers investors a high-margin business with growth, a flexible balance sheet, as well as a portfolio of development/exploration companies with low jurisdictional risk, the firm says.