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MAG Silver (MAG) Receives Upgraded Rating Following Acquisition Announcement
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MAG Silver (MAG) Receives Upgraded Rating Following Acquisition Announcement
MAG Silver (MAG, Financial) has seen its stock rating upgraded by CIBC analyst Cosmos Chiu from Neutral to Tender. This change coincides with Pan American Silver’s (PAAS) announcement of a definitive agreement to acquire MAG Silver. Additionally, Chiu has increased the price target for MAG shares, setting it at C$28, up from the previous target of C$26. Wall Street Analysts Forecast Based on the one-year price targets offered by 4 analysts, the …
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