# $HSBC

97
STRATEGIC SHIFT IN SILVER AND YEAR-END EXPECTATIONS Revised targets and analyses from investment banks:
🔹 J.P. Morgan $JPM : $60-$65/oz Solar panel manufacturers shifting from silver to copper substitution.
🔹 BofA #$BAC : $100+ Potential for an extremely aggressive rally in case of physical product shortages.
🔹 #Citi $C : $110-$150 Strategic demand optimism stemming from green technologies and electrification.
🔹 #$HSBC : $70/oz closing Slowing supply gap is curbing investor appetite.
#silver
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