Scotiabank Maintains Sector Outperform on Wheaton Precious Metals, Raises Price Target to $66.5
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Tanya Jakusconek has maintained a Sector Outperform rating on Wheaton Precious Metals (NYSE:WPM) and raised the price target from $59 to $66.5.
May 23, 2024 | 7:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Scotiabank has maintained a Sector Outperform rating on Wheaton Precious Metals and increased the price target from $59 to $66.5, indicating a positive outlook.
The raised price target and maintained outperform rating from a reputable analyst at Scotiabank 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