DA Davidson raised the firm’s price target on A-Mark Precious Metals to $52 from $47 and keeps a Buy rating on the shares. The firm is citing its takeaways from the company’s 10-K filing, including that Gold and silver spot price volatility has fallen while also noting that Google searches related to A-Mark are up quarter to date, which may point to a rebound in ounces sold, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMRK:
- A-Mark Precious Metals price target raised to $47 from $42 at DA Davidson
- A-Mark Precious Metals participates in a conference call with Maxim Group
- A-Mark Precious Metals reports preliminary Q4 EPS $1.20, consensus 69c
- A-Mark Precious Metals options imply 7.1% move in share price post-earnings
- AMRK Earnings this Week: How Will it Perform?
Questions or Comments about the article? Write to editor@tipranks.com