A FUNNY THING HAPPENED...May 9th 2024, yesterday, a miracle happened in the world of analysts. BMO, and Scotia, put out a new price target for WPM...wait for it....both were $80.71! HAAAAAAAA. Really...with a accuracy rate of most analysts below or equal to my cat, it is beyond a coincidence that they came out to the exact penny!!!!!!!! I would go with the high school homework phone share! I give little to any credit, to any of them as a 50/50 score is even rare with all their self promotions.
A question I would have for their tea leaf prediction is the $3.50 they see as upside, are they predicting the jewerly market to collapse? (HAA) Maybe they know of production issues to come from WPM? Do they know what little it would take for silver prices to impact a companies margines? They may be correct in this prediction as my cat, however, it would seem that to make such a low bar they must base it upon something other than math!?? Maybe, they are part of the games that WPM enjoys from the begining of everyday with a spoof price, just seconds before market opens? I don' t know. Just my thoughts and my due respect! JMO