UBS analyst Daniel Major raised the firm’s price target on Wheaton Precious Metals (WPM) to $118 from $106 and keeps a Neutral rating on the shares. A soft patch in Q3 has not materialized and UBS is positive on copper, aluminum, and gold looking forward, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WPM:
- Wheaton Precious Metals price target raised to $114 from $112 at Raymond James
- Wheaton Precious Metals Backs Hemlo Mine Acquisition with $400 Million Gold Stream
- Wheaton Precious Metals Expands Share Capital with New Issuance
- Downgrade Alert! Analysts Have Recently Downgraded These Stocks
- Wheaton Precious Metals CFO Increases Stake in Company
