Wheaton Precious Metals Reaches Analyst Target Price
August 14, 2020 at 08:03 AM EDT
In recent trading, shares of Wheaton Precious Metals Corp (WPM) have crossed above the average analyst 12-month target price of $50.04, changing hands for $50.82/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..