BMO Capital analyst Kevin O’Halloran lowered the firm’s price target on Endeavor Group (EDR) to C$8 from C$8.50 and keeps an Outperform rating on the shares. Endeavour provided an update this morning on its Terronera project, flagging a delay of approximately one quarter to the project schedule that pushes wet commissioning to early Q2, the analyst tells investors in a research note. The firm updated its model to reflect production beginning in Q2 versus Q1 previously.
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