Jefferies Initiates Coverage On Pan American Silver with Hold Rating, Announces Price Target of $14
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Chris LaFemina initiates coverage on Pan American Silver (NYSE:PAAS) with a Hold rating and a price target of $14.

February 29, 2024 | 11:21 am
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Jefferies initiated coverage on Pan American Silver with a Hold rating and set a price target of $14.
The initiation of coverage by Jefferies with a Hold rating and a specific price target provides investors with a new professional analysis to consider. However, a Hold rating typically suggests that the stock is expected to perform in line with the market or its sector, indicating neither a strong buy nor sell signal. The price target of $14 offers a specific expectation for the stock's future price level, but without a more bullish or bearish rating, the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100