Seeking Alpha

Pan American Silver (PAAS +0.3%) is upgraded to Buy from Hold with a $26 target price, up from...

Pan American Silver (PAAS +0.3%) is upgraded to Buy from Hold with a $26 target price, up from $22, at Deutsche Bank on expectations of rising cash flow due to higher silver prices. The firm believes "costs are turning the corner and free cash flow could surge in 2013" and supports the company's second 5% share buyback and 1% dividend yield.
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