Wheaton Precious Metals price target lowered to $41 from $42 at Barclays

Barclays analyst Matthew Murphy lowered the firm’s price target on Wheaton Precious Metals to $41 from $42 and keeps an Equal Weight rating on the shares. The analyst expects most metals and mining companies to have “slightly better” results in Q2, even amid some deterioration of commodity prices. The firm remains more constructive on gold than copper “as economic deceleration continues.”