Scotiabank Maintains Sector Outperform on Wheaton Precious Metals, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Tanya Jakusconek has maintained a Sector Outperform rating on Wheaton Precious Metals (NYSE:WPM) and increased the price target from $66.5 to $72.
August 19, 2024 | 3:43 pm
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Scotiabank has increased its price target for Wheaton Precious Metals to $72, maintaining a Sector Outperform rating, indicating positive expectations for the stock.
The increase in price target from $66.5 to $72 by Scotiabank suggests a positive outlook for Wheaton Precious Metals. The maintained Sector Outperform rating indicates that the analyst expects the stock to perform better than its peers, which is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100