CIBC downgraded Gatos Silver (GATO) to Tender from Outperformer with a price target of $16, down from $19. With three months passed since the First Majestic takeover announcement, the firm believes the potential of an interloper has significantly decreased.
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Read More on GATO:
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
