RBC Capital Downgrades Wheaton Precious Metals to Sector Perform, Announces $45 Price Target
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Josh Wolfson downgraded Wheaton Precious Metals (NYSE:WPM) from Outperform to Sector Perform and announced a $45 price target.
May 23, 2023 | 10:26 am
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Wheaton Precious Metals downgraded to Sector Perform by RBC Capital, with a $45 price target.
The downgrade from Outperform to Sector Perform by RBC Capital's analyst Josh Wolfson may negatively impact WPM's stock price in the short term. Investors may perceive this as a sign of reduced growth potential, leading to a potential sell-off or reduced buying interest.
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