Agnico Eagle price target raised to $78 from $74 at TD Cowen

TD Cowen raised the firm’s price target on Agnico Eagle to $78 from $74 and keeps a Buy rating on the shares after the company reported what the firm calls “a solid operational quarter.” Exploration successes at Malartic, Odyssey, and Hope Bay “stole the stage” and suggest that Agnico’s organic pipeline is “looking better and better,” the analyst tells investors.