Wells Fargo Maintains Overweight on Rambus, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Gary Mobley maintains an Overweight rating on Rambus (NASDAQ:RMBS) and raises the price target from $55 to $70.
June 05, 2023 | 12:00 pm
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Wells Fargo maintains an Overweight rating on Rambus and raises the price target from $55 to $70.
The news of Wells Fargo maintaining an Overweight rating on Rambus and raising the price target from $55 to $70 indicates a positive outlook for the company. This could lead to increased investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100