The Globe and Mail reports in its Tuesday edition that National Bank Financial analyst Shane Nagle has reaffirmed his "outperform" recommendation for Wheaton Precious Metals. The Globe's David Leeder writes in the Eye On Equities column that Mr. Nagle cut his share target back by $2.50 to $72.50. Analysts on average target the shares at $74.69. Mr. Nagle says in a note: "Our 'outperform' rating is predicated on Wheaton Precious Metals' stable financial position and high-quality, low-cost long-life asset portfolio. Wheaton is set to achieve strong organic growth in the coming years with completion of Salobo and expanded production at Stillwater, Constancia and Voisey's Bay." The Globe reported on March 14 Mr. Nagle had reaffirmed his "outperform" recommendation for Wheaton Precious when it could be had for $60.02. The Globe reported on May 24 that RBC Dominion Securities analyst Josh Wolfson had lowered his recommendation for Wheaton Precious to "sector perform" from "outperform." The shares could the be had for $61.11. The Globe reported on Aug. 18 that Credit Suisse analyst Fahad Tariq had reaffirmed his "neutral" recommendation for Wheaton Precious. The shares could then be had for $55.56.