Wells Fargo Reiterates Underweight on Cable One, Maintains $670 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Steven Cahall has reiterated his 'Underweight' rating on Cable One (NYSE:CABO), maintaining a price target of $670.
July 05, 2023 | 11:38 am
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Wells Fargo analyst maintains 'Underweight' rating on Cable One, with a price target of $670.
The 'Underweight' rating from Wells Fargo suggests that the analyst believes Cable One's stock is expected to underperform compared to other stocks. This could potentially lead to a decrease in the stock's price in the short term. The maintained price target of $670 indicates the analyst's expectation of the stock's value, which may also influence investor sentiment and the stock's price.
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