Wells Fargo Maintains Overweight on Shell, Raises Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read maintains an Overweight rating on Shell (NYSE:SHEL) and raises the price target from $74 to $77.
June 15, 2023 | 12:45 pm
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POSITIVE IMPACT
Wells Fargo maintains an Overweight rating on Shell and raises the price target from $74 to $77.
The news of Wells Fargo maintaining an Overweight rating on Shell and raising the price target from $74 to $77 indicates a positive outlook for the company's stock. This could lead to an increase in investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100