CIBC analyst Cosmos Chiu raised the firm’s price target on Wheaton Precious Metals (WPM) to $105 from $95 and keeps an Outperformer rating on the shares. The company’s Q1 showed its effectiveness of the streaming model in a strengthening commodity price environment, the analyst tells investors in a research note. The firm says Wheaton has one of the best growth profiles within its peer group. The stock remains CIBC’s top pick to gain exposure to both gold and silver.
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Read More on WPM:
- Wheaton Precious Metals Reports Record Q1 2025 Financial Results
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