Odeon Capital Downgrades Wells Fargo to Hold, Announces $43.75 Price Target
Portfolio Pulse from richadhand@benzinga.com
Odeon Capital analyst Dick Bove has downgraded Wells Fargo (NYSE:WFC) from Buy to Hold and set a price target of $43.75.
July 17, 2023 | 2:04 pm
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Wells Fargo has been downgraded from Buy to Hold by Odeon Capital, with a new price target of $43.75.
The downgrade from Buy to Hold by Odeon Capital indicates a less optimistic outlook for Wells Fargo. This could potentially lead to a decrease in the stock's price in the short term. The new price target of $43.75 also provides a benchmark for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100