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

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/53337
Published: 2026-11-10T21:27:09.000Z
Updated: 2026-11-10T21:27:09.000Z
Section: Investing

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

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.