TD Cowen Cuts Pan American Silver to Hold and Lowers Target to $45

Enna Lee

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TD Cowen Cuts Pan American Silver to Hold and Lowers Target to $45

The target fell from $52, while the shares rose 3.7% in Monday trading.

By Enna Lee

Published Nov 10, 2026, 4:27 PM EST

Silver-bearing ore moves beneath an amber mine processing lamp / TokenPost.ai

TD Cowen lowered its rating on Pan American Silver Corp. (PAAS) to Hold from Buy and cut its price target to $45 from $52. The firm pointed to a tougher outlook for the miner. Pan American Silver shares rose 3.7% in Monday trading.

Enna Lee

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Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.