U.S. Gold price target raised to $27.50 from $22 at H.C. Wainwright

H.C. Wainwright analyst Heiko Ihle raised the firm’s price target on U.S. Gold (USAU) to $27.50 from $22 and keeps a Buy rating on the shares. The firm says the company has made continued progress in “de-risking” its asset base.