UBS raises target to USD 160 for Wheaton Precious Metals stock - ad-hoc-news.de

AI desk brief

UBS raised Wheaton Precious Metals’ target to USD 160 and kept a Buy rating, citing the streaming model’s leverage to metal prices and the company’s strong Q2 2026 results. Wheaton reported Q2 revenue of USD 929.2 million and net income of USD 543.2 million, with net margin at 58.5%, while the stock traded at EUR 119.98 on Lang & Schwarz on Oct. 19.

The next catalyst is Q3 2026 results on Nov. 5, with the conference call set for Nov. 6. The note also highlights a wide 52-week range of USD 92.57-165.76 and a market cap of USD 60.9 billion.