Wells Fargo Reiterates Overweight on Spectrum Brands Holdings, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Chris Carey reiterates an Overweight rating on Spectrum Brands Holdings (NYSE:SPB) and raises the price target from $85 to $90.
June 21, 2023 | 2:07 pm
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Wells Fargo reiterates an Overweight rating on Spectrum Brands Holdings and raises the price target from $85 to $90.
The news of Wells Fargo reiterating an Overweight rating on Spectrum Brands Holdings and raising the price target from $85 to $90 indicates a positive outlook for the company's stock. This is likely to have a positive short-term impact on the stock price as investors may see this as a sign of confidence in the company's performance and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100