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Fly News Breaks for January 9, 2020
CMC, WPM, NEM, GOLD, PAAS
Jan 9, 2020 | 08:31 EDT
Deutsche Bank analyst Chris Terry downgraded Pan American Silver to Hold from Buy with a price target of $22, up from $20. While the analyst likes precious metals and the company specifics, with the shares up 36% in the past three months, he sees better value in other precious metals names currently. Terry's top picks are Barrick Gold (GOLD), Newmont Goldcorp (NEM), Wheaton Precious (WPM) and Commercial Metals (CMC) on a 12 month view.
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