Coeur Mining Inc (CDE) PT Raised to $5.60 at Roth/MKM, 'Remains Positive'

Roth/MKM analyst Joe Reagor raised the price target on Coeur Mining Inc (NYSE: CDE) to $5.60 (from $5.40) while maintaining a Buy rating.

The analyst comments "On May 1, 2024, CDE reported its financial and operating results for Q1 2024. Results were mixed compared to our expectations, but demonstrated improvement operationally. We believe this trend is likely to continue in Q2 and beyond. As such, we are increasing our price target from $5.40 to $5.60, while maintaining our Buy rating."

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