Silvercorp Metals price target lowered to $8 from $8.25 at Roth MKM

Roth MKM lowered the firm’s price target on Silvercorp Metals to $8 from $8.25 and keeps a Buy rating on the shares. The company’s Q4 production was slightly below expectations, but this was offset by higher metal prices than anticipated, the analyst tells investors in a research note, also noting that Chinese based assets remain out of favor with the investment community.