Wells Fargo Maintains Underweight on Crown Castle, Lowers Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Eric Luebchow has maintained an Underweight rating on Crown Castle (NYSE:CCI) and lowered the price target from $135 to $115.
July 18, 2023 | 12:49 pm
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Crown Castle's price target has been lowered from $135 to $115 by Wells Fargo, which maintains an Underweight rating on the stock.
The lowering of the price target by a major financial institution like Wells Fargo indicates a bearish outlook for the stock. This could potentially lead to a decrease in the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100