Barclays Maintains Equal-Weight on Wheaton Precious Metals, Lowers Price Target to $41
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Matthew Murphy has maintained an Equal-Weight rating on Wheaton Precious Metals (NYSE:WPM) and lowered the price target from $42 to $41.
July 07, 2023 | 1:15 pm
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Barclays has maintained an Equal-Weight rating on Wheaton Precious Metals and lowered the price target from $42 to $41.
The news is directly about Wheaton Precious Metals. Barclays' decision to maintain an Equal-Weight rating indicates a neutral outlook for the stock. However, the lowering of the price target could potentially have a slight negative impact, as it suggests that the analyst sees less upside potential for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100