Wells Fargo Maintains Overweight on PBF Energy, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read maintains an Overweight rating on PBF Energy (NYSE:PBF) but lowers the price target from $48 to $45.
June 02, 2023 | 12:06 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Wells Fargo maintains an Overweight rating on PBF Energy, but lowers the price target from $48 to $45.
The news of Wells Fargo maintaining an Overweight rating on PBF Energy indicates a positive outlook for the company. However, the lowering of the price target from $48 to $45 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100