TD Securities Downgrades Wheaton Precious Metals to Hold
Portfolio Pulse from Benzinga Newsdesk
TD Securities analyst Greg Barnes downgraded Wheaton Precious Metals (NYSE:WPM) from Buy to Hold, indicating a more cautious outlook on the company's stock.
February 21, 2024 | 1:37 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Wheaton Precious Metals was downgraded from Buy to Hold by TD Securities analyst Greg Barnes, suggesting a neutral to slightly negative short-term outlook for the stock.
Analyst ratings often influence investor sentiment and stock prices in the short term. A downgrade from Buy to Hold typically suggests that the analyst sees limited upside potential or increased risk, which could lead to a decrease in investor interest and potentially a decline in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100