Wells Fargo Initiates Coverage On Retail Opportunity with Overweight Rating, Announces Price Target of $14
Portfolio Pulse from richadhand@benzinga.com
Wells Fargo analyst Dori Kesten initiates coverage on Retail Opportunity (NASDAQ:ROIC) with an Overweight rating and a price target of $14.
May 24, 2023 | 8:40 am
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Wells Fargo initiates coverage on Retail Opportunity (ROIC) with an Overweight rating and a price target of $14, indicating a positive outlook.
The Overweight rating and $14 price target by Wells Fargo analyst Dori Kesten indicate a positive outlook for Retail Opportunity (ROIC). This news is likely to have a positive short-term impact on the stock price as it suggests that the analyst believes the stock is undervalued and has potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100