BMO Capital analyst Kevin O'Halloran has increased the firm's price target on Endeavour Silver (EXK) to C$17 from C$15.50. The Outperform rating on the shares remains unchanged.
In a research note to investors, O'Halloran stated that Endeavour Silver's 2026 guidance is broadly negative. Production is below forecast, and costs are above expectations.
However, the analyst told investors that Endeavour continues to have one of the best growth profiles in the silver sector.