H.C. Wainwright lowered the firm’s price target on First Majestic to $6.75 from $12 and keeps a Buy rating on the shares. The analyst incorporated the company’s newly issued production guidance into the model.
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Read More on AG:
- First Majestic price target lowered to C$8 from C$8.50 at BMO Capital
- First Majestic downgraded to Market Perform from Buy at Cormark
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