Endeavour Silver price target raised to $6.25 from $5.25 at Alliance Global Partners

Alliance Global Partners raised the firm’s price target on Endeavour Silver (EXK) to $6.25 from $5.25 and keeps a Buy rating on the shares. The firm notes that its increased target is primarily a reflection of an update to its long-term precious metals price deck, but also notes that its updated price deck “remains conservative relative to current spot prices” of about $2,720 per oz gold and about $34 per oz silver.