Morgan Stanley Reiterates Overweight on Wells Fargo, Maintains $46 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck reiterated an Overweight rating on Wells Fargo (NYSE:WFC) and maintained a $46 price target.
June 15, 2023 | 1:29 pm
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Morgan Stanley analyst Betsy Graseck reiterated an Overweight rating on Wells Fargo (NYSE:WFC) and maintained a $46 price target.
The reiteration of an Overweight rating by Morgan Stanley's analyst Betsy Graseck indicates a positive outlook for Wells Fargo's stock. The maintained $46 price target suggests that the analyst believes the stock has potential for growth in the short term. This news is likely to have a positive impact on WFC's stock price.
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