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Wheaton Precious Metals price target raised to $78 from $76 at TD Securities

TD Securities analyst Greg Barnes raised the firm’s price target on Wheaton Precious Metals (WPM) to $78 from $76 and keeps a Buy rating on the shares ahead of quarterly results. The firm is also revising its estimates to reflect Q4 production, sales and updated guidance, which were released on February 18. TD Securities believes Wheaton Precious Metals still has the best GEO production growth profile in the sector.

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