The Globe and Mail reports in its Wednesday, Sept. 13, edition that Credit Suisse analyst Anita Soni upgraded Tahoe Resources ($7.53) after the Guatemalan Supreme Court issued a decision that reinstates its Escobal mining licence at its Guatemalan subsidiary, Minera San Rafael (MSR). The Globe's David Leeder writes in the Eye On Equities column that Ms. Soni elevated her rating to "outperform" from "neutral." She continues to target the shares at $9.25. Analysts on average target the shares at $9.29. Ms. Soni says in a note: "THO noted that an illegal roadblock remains in place, preventing an immediate restart. Once the roadblock is resolved, THO expects to resume operations within a week. This is the first positive catalyst since the issue became known. Many factors remain unknown, particularly the impact of a potential appeal. We believe the stock will begin to rerate with this turning point, thus we are upgrading on valuation with 63 per cent upside to our target price." Meanwhile, BMO Nesbitt Burns analyst Andrew Kaip hiked Tahoe to "outperform" from "market perform" with a target of $10, up from $7.