UPDATE: Pan American Silver Overvalued, Downgraded by Goldman Sachs
February 25, 2014 at 11:31 AM EST
Tuesday rating reports include a downgrade by Goldman Sachs analyst Andrew Quail, moving Pan American Silver (NASDAQ: PAAS ) from Neutral to Sell with a price target of $10. Goldman Sachs has taken a bearish view, lowering their forecast on silver prices. The reports notes that presuming their revised forecast,