EMX Royalty price target raised to $6.50 from $5.75 at H.C. Wainwright

H.C. Wainwright analyst Heiko Ihle raised the firm’s price target on EMX Royalty to $6.50 from $5.75 and keeps a Buy rating on the shares. The increased target is a result of incorporating the Timok Lower Zone into the model, the analyst tells investors in a research note.