BofA raised the firm’s price target on Pan American Silver (PAAS) to $73 from $68 and keeps a Buy rating on the shares after the company reported Q4 preliminary production and 2026 guidance. Given the increasingly bullish demand outlook for silver, the firm increases its target price to net asset value valuation multiple and notes that it sees several potential upcoming catalysts.
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:
- 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
- Pan American Silver price target raised to $68 from $61 at BofA
- Unusually active option classes on open December 29th