BofA analyst Lawson Winder raised the firm’s price target on Wheaton Precious Metals to $61 from $60 and keeps a Buy rating on the shares. After the BofA Commodities team refreshed its metal price outlook, the analyst mostly increased price objectives across coverage, though notes “most are modest increases.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WPM:
- Wheaton’s Climate Report Emphasizes Clean Energy Metals
- Vista Gold receives $10M final installment under Wheaton Precious Metals royalty
- Wheaton Precious Metals Stock (NYSE:WPM) Could Rise on Mixed-Signal Jobs Report
- Wheaton Precious Metals Champions ESG Excellence
- Wheaton Precious Metals’ ESG Leadership Shines