Wells Fargo Maintains Overweight on Everest Group, Lowers Price Target to $452
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan maintains an Overweight rating on Everest Group (NYSE:EG) but lowers the price target from $455 to $452.
July 17, 2023 | 12:57 pm
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NEUTRAL IMPACT
Everest Group's price target has been lowered by Wells Fargo from $455 to $452, though the Overweight rating is maintained.
The news is directly about Everest Group. The lowering of the price target might indicate a slight negative sentiment, but the maintenance of the Overweight rating suggests that the overall outlook remains positive. This could lead to neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100