Scotiabank raised the firm’s price target on Pan American Silver (PAAS) to $64 from $47 and keeps an Outperform rating on the shares. The firm is updating its price targets for Gold & Precious Minerals stocks under its coverage, the analyst tells investors. The firm has increased both gold and silver forecasts, supported by economic and geopolitical uncertainty as well as strong central bank buying.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PAAS:
- Mining Stocks Soar as Gold, Silver Hit Record Highs on Tariff, Shutdown Fears
- Pan American Silver price target raised to $73 from $68 at BofA
- Pan American Silver price target lowered to $54 from $58 at Jefferies
- Pan American Silver Beats 2025 Output Targets and Lifts 2026 Guidance on Stronger Margins
- Pan American Silver reports Q4 attributable gold production of 742,200 ounces