Wells Fargo Initiates Coverage On InvenTrust Properties with Overweight Rating, Announces Price Target of $25
Portfolio Pulse from richadhand@benzinga.com
Wells Fargo analyst Dori Kesten initiates coverage on InvenTrust Properties (NYSE:IVT) with an Overweight rating and a price target of $25.
May 24, 2023 | 8:31 am
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InvenTrust Properties receives an Overweight rating and a $25 price target from Wells Fargo analyst Dori Kesten.
The initiation of coverage by Wells Fargo with an Overweight rating and a price target of $25 for InvenTrust Properties (IVT) is a positive signal for the stock. This rating suggests that the analyst believes IVT is undervalued and has potential for growth in the short term. The announcement may lead to increased investor interest and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100