Wells Fargo Maintains Underweight on Marcus & Millichap, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Blaine Heck has maintained an Underweight rating on Marcus & Millichap (NYSE:MMI) and lowered the price target from $21 to $20.
June 30, 2023 | 12:49 pm
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Wells Fargo has maintained an Underweight rating on Marcus & Millichap and lowered the price target from $21 to $20.
The lowered price target by Wells Fargo indicates a bearish outlook for Marcus & Millichap. This could potentially lead to a decrease in the stock's price in the short term as investors adjust their expectations based on the new price target.
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