Scotiabank and CIBC raise MAG Silver price targets to $14.50 and C$22.00, respectively.

Scotiabank raised its price target for MAG Silver (NYSEAMERICAN:MAG) to $14.50, while CIBC lifted its target price for MAG Silver (TSE:MAG) to C$22.00. Both banks maintain an outperform/neutral rating on the stock, according to recent research reports. Other analysts have also updated their price objectives, with Raymond James raising its target to C$20.50 and TD Securities increasing it to C$21.00.

May 26, 2024
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