CIBC Maintains Outperformer on Wheaton Precious Metals, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
CIBC analyst Cosmos Chiu maintains an Outperformer rating on Wheaton Precious Metals (NYSE:WPM) and raises the price target from $70 to $75.
May 22, 2024 | 6:20 pm
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CIBC analyst Cosmos Chiu has maintained an Outperformer rating on Wheaton Precious Metals and raised the price target from $70 to $75. This indicates a positive outlook for the stock.
The raised price target and maintained Outperformer rating from a reputable analyst suggest a positive short-term impact on WPM's stock price. Investors are likely to view this as a strong endorsement of the company's prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100