Morgan Stanley Maintains Overweight on Wells Fargo, Raises Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck maintains an Overweight rating on Wells Fargo and raises the price target from $44 to $47.
July 07, 2023 | 4:02 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on Wells Fargo and raises the price target from $44 to $47, indicating a positive outlook for the stock.
The raised price target by Morgan Stanley indicates a positive outlook for Wells Fargo. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100