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--Analyst Actions: Silver Wheaton Corp Has Price Target Slashed at TD Newcrest

Silver Wheaton Corp. (SLW.TO) reported quarterly operating and financial results below consensus and while management remains confident the company can meet its annual forecast of 27 million to 28 million ounces, TD Newcrest analyst Daniel Earle isn't so sure, the Globe and Mail said. He also reportedly believes there is "heightened potential" for silver prices to underperform in the near term on continued weakness in speculative investment flows.

Earle slashed his price target by US$10 to US$44.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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