The Globe and Mail reports in its Friday edition that BMO Capital Markets downgraded Tahoe Resources ($7.19) "following the Supreme Court of Guatemala's issuance of a provisional decision with respect to a lawsuit against the Guatemalan Ministry of Energy and Mines, which temporarily suspends the Escobal, the company's flagship asset, mining licence," says analyst Andrew Kaip. The Globe's Gillian Livingston writes in the Eye On Equities column that Mr. Kaip downgraded the stock to "market perform" from "outperform" and cut his target price to $11.50 from $14. Analysts on average target the shares at $15.12. Mr. Kaip says in a note: "The provisional decision was issued in respect of an action brought against MEM by the anti-mining organization CALAS, which alleges that MEM violated the Xinca Indigenous people's right of consultation in advance of granting Escobal's mining license to THO's operating subsidiary in country. THO believes that all consultation obligations relating to the permitting of the Escobal license were met, and will take all legal steps to have the ruling reversed and the license reinstated as soon as possible, which the company estimates could take between 2 and 18 months."