Wells Fargo Maintains Overweight Rating for AptarGroup: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Wells Fargo has maintained its Overweight rating for AptarGroup (NYSE:ATR) and increased its price target from $134.00 to $139.00. AptarGroup's shares are currently trading up 0.89% at $119.40 per share. A move to $139.00 would represent a 16.42% increase from the current share price.
July 17, 2023 | 5:00 pm
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POSITIVE IMPACT
Wells Fargo has maintained its Overweight rating for AptarGroup and raised its price target. This could potentially lead to a positive impact on AptarGroup's stock in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, Wells Fargo's decision to maintain an Overweight rating and raise the price target for AptarGroup indicates a positive outlook for the company, which could potentially lead to an increase in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100