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Fly News Breaks for July 10, 2015
SLW
Jul 10, 2015 | 08:24 EDT
After the Canada Revenue Agency reported indicated that it was seeking more than US$200 million in back taxes and penalties from Silver Wheaton, RBC Capital believes that Silver Wheaton's stock is pricing in a worst case scenario. The firm remains upbeat on the company's assets, near-term growth potential and valuation. It cut its price target on the name to $25 from $30 but keeps an Outperform rating on the shares.
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