UBS AG (UBS) analysts on Wednesday raised their price target on a slew of gold and silver mining companies, sending shares of most the companies up. Iamgold Corp. (IAG) shares ticked up 1.3% to $17.85 after price views were boosted to $23.00 from $21.50 by the investment bank. Shares of Barrick Gold Corp. (ABX) gained 1.6% to $45.71 with a lifted target of $57.50 from $53.50. Other U.S. metals and miners with raised price targets include Cott Corp. (COT), Eldorado Gold Corp. (EGO), Goldcorp Inc. (GG), Agnico-Eagle Mines Ltd. (AEM), Silver Wheaton Corp. (SLW), Pan American Silver Corp. (PAAS), and Newmont Mining Corp. (NEM). -By Cynthia Lin, 415-439-6400; AskNewswires@dowjones.com
