Raymond James Maintains Strong Buy Rating for Wells Fargo: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Raymond James has maintained its Strong Buy rating for Wells Fargo (NYSE:WFC) and increased its price target from $48.00 to $51.00. Wells Fargo's shares are currently trading up 1.53% at $43.34 per share. A move to $51.00 would represent a 17.69% increase from the current share price.
July 03, 2023 | 5:00 pm
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Raymond James has maintained a Strong Buy rating for Wells Fargo and raised its price target, potentially indicating a positive outlook for the company's stock.
The decision by Raymond James to maintain a Strong Buy rating and raise the price target for Wells Fargo indicates a positive outlook for the company's stock. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100