WSFS Financial Corporation shares are trading higher after DA Davidson upgraded the stock from Neutral to Buy and raised its price target from $38 to $45.
Portfolio Pulse from Benzinga Newsdesk
WSFS Financial Corporation shares are trading higher after DA Davidson upgraded the stock from Neutral to Buy and raised its price target from $38 to $45.
June 26, 2023 | 1:59 pm
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POSITIVE IMPACT
DA Davidson upgraded WSFS Financial Corporation stock from Neutral to Buy and raised its price target from $38 to $45, resulting in higher trading.
The upgrade from DA Davidson is a positive signal for WSFS Financial Corporation, as it indicates increased confidence in the company's performance. The raised price target also suggests a higher potential upside for the stock, which is likely to attract more investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100