MAG Silver price target lowered to $18.50 from $19.50 at H.C. Wainwright

H.C. Wainwright analyst Heiko Ihle lowered the firm’s price target on MAG Silver to $18.50 from $19.50 and keeps a Buy rating on the shares post the Q4 report. The analyst cites the inclusion of the company’s 2024 guidance for Juanicipio for the target drop.