Wednesday, November 10, 2010

Silver Wheaton (NYSE:SLW) Has Price Target Raised

Silver Wheaton's (NYSE:SLW) recent quarterly report had revenue and earnings come in a little lower than expected on timing of shipments and buildup of inventory.

That has brought a somewhat mixed reaction from some, although most agree the share price is going to continue to move up.

Credit Suisse (NYSE:CS) maintained a "Neutral" rating on Silver Wheaton, while raising their price target on their by $3 a share.

Raymond James downgraded the silver company from "Outperform" to "Market Perform," raising their price target on them form $25.50 to $35.

Silver Wheaton was trading at $33.76, gaining $1.45, or 4.49 percent at 12:12 PM EST.

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