The Globe and Mail reports in its Wednesday, Jan. 10, edition that in response to higher precious metals price forecasts and recent share-price weakness, TD Securities analyst Craig Hutchison upgraded Endeavour Silver to "buy" from "hold." The Globe's David Leeder writes in the Eye On Equities column that Mr. Hutchison gave his share target a 25-cent boost to $4. Analysts on average target the shares at $5.72. Mr. Hutchinson says in a note: "We believe that draw-down of the debt-financing facility will be a positive catalyst for the stock, and in combination with a positive 12-month outlook for silver, we view EDR as a high-beta option for investors. The company is also looking to significantly grow its production profile with the start-up of Terronera later this year or early next, which has the capacity to add 7Moz AgEq ounces to the company's production profile and add 10 years of reserve life." The Globe reported on April 18 that CIBC analysts had boosted their share target for Endeavour Silver to $7 from $6.50, while maintaining a "neutral" recommendation. The shares could then be had for $5.66.