Wheaton Precious Metals Corp Stock Price Target Raised by Analysts

Wheaton Precious Metals Corp has seen its stock price target increased by several analysts following a strong second quarter performance. The company’s stock price has reached a new high.

• The upgrades from Berenberg and CFRA suggest that the company’s recent results have been impressive, leading to increased optimism among investors.
• The upgrades from Berenberg and CFRA include:
  • Berenberg: increased stock price target to $23.50
  • CFRA: increased stock price target to $24.00

However, the downgrade from UBS serves as a reminder that not all analysts are equally bullish on the company’s prospects. The downgrade from UBS includes:

• UBS: downgraded stock rating to neutral

Overall, the company’s stock price is likely to remain volatile as investors weigh the differing opinions of the analysts.