BMO Capital Maintains Market Perform on Wells Fargo, Lowers Price Target to $51
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst James Fotheringham has maintained a 'Market Perform' rating on Wells Fargo (NYSE:WFC) and lowered the price target from $54 to $51.
July 17, 2023 | 12:10 pm
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Wells Fargo's price target has been lowered from $54 to $51 by BMO Capital, while maintaining a 'Market Perform' rating.
The lowering of the price target by BMO Capital indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Wells Fargo's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100