Osisko Mining downgraded to Tender from Outperformer at CIBC

CIBC analyst Bryce Adams downgraded Osisko Mining to Tender from Outperformer with a price target of C$4.90, up from C$4.75. Osisko Mining announced a deal for Gold Fields to acquire Osisko Mining for C$4.90 per share, which the firm views as a “positive outcome for shareholders,” and changes itsrating to Tender with a price target to match the deal price.