Wells Fargo Maintains Underweight on Axis Capital Holdings, Lowers Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan maintains an Underweight rating on Axis Capital Holdings (NYSE:AXS) and has lowered the price target from $58 to $56.
July 17, 2023 | 12:29 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Wells Fargo has maintained an Underweight rating on Axis Capital Holdings and lowered the price target from $58 to $56, which could negatively impact the stock's performance.
The lowering of the price target by Wells Fargo indicates a bearish outlook for the stock. This could lead to a decrease in the stock's price as investors adjust their expectations based on this new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100