FYI

The shares were recently trading at $16.60. We don’t take our lead from Wall Street, but we’re never averse to cite its research if its views coincide with our own.

And with Goldcorp, Wall Street analysts are starting to see the company’s financial strength and vast business potential.

A year ago, Cowen & Co. cited Goldcorp as one of the two strongest major miners in the world. In fact, Cowen’s analysts “stress-tested” Goldcorp and said the company appears able “to withstand a severe gold-price decline and still achieve positive earnings.

And now we’re seeing the start of a major “upgrade cycle” by Wall Street sell-side analysts.

And those analysts see a big, big upside for Goldcorp’s shares.

Wall Street has a current consensus of $25 on the company’s shares – 52% higher than the current share price. And at least one estimate goes as high as $29 – 75% above current levels.

http://dailytradealert.com/2015/07/16/analysts-see-big-upside-for-this-stock/