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Raymond James invested $20.79 million in Wheaton Precious Metals, boosting its stock by 11.8% in Q4.
Raymond James Financial Inc. invested $20.79 million in Wheaton Precious Metals Corp. (WPM), buying 369,673 shares, marking an 11.8% increase in stock value during Q4.
WPM, valued at $33.49 billion, has received a "Buy" rating from analysts with a target price of $71.67, and UBS Group set a higher target of $78.00.
The company, which deals in precious metals, saw a 48.1% increase in Q3 revenue.
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Raymond James invirtió 20,79 millones de dólares en Wheaton Precious Metals, aumentando su stock en un 11,8% en el cuarto trimestre.