Wells Fargo Maintains Overweight on BRP Group, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan maintains an Overweight rating on BRP Group (NASDAQ:BRP) but has lowered the price target from $33 to $29.
July 17, 2023 | 12:41 pm
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Wells Fargo has maintained an Overweight rating on BRP Group but lowered the price target from $33 to $29.
The news is directly related to BRP Group. While the Overweight rating is maintained, indicating a positive outlook, the lowering of the price target could potentially have a negative impact on the stock's short-term performance. However, the overall impact is neutral as the lowered price target might already be factored into the current stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100