- Pan American Silver (PAAS -1.9%) is downgraded to Sell from Neutral with a $10 price target at Goldman Sachs, which forecasts silver at $21.80/oz. from 2015 onwards, driven by a lack of supply-side response.
- While PAAS has a strong balance sheet, the revised silver price deck suggests the company's ability to generate free cash flow is limited, the firm says.
- ETFs: SLV, AGQ, SIVR, USLV, ZSL, DSLV, DBS, SLVO, USV.
From other sites
at MarketWatch.com (Dec 2, 2014)
at Nasdaq.com (Nov 25, 2014)
at Nasdaq.com (Nov 19, 2014)
at CNBC.com (Jul 12, 2013)
at MarketWatch.com (May 24, 2013)
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