Wedbush Maintains Neutral on Webster Finl, Raises Price Target to $50
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst David Chiaverini maintains a Neutral rating on Webster Financial (NYSE:WBS) and raises the price target from $40 to $50.
July 21, 2023 | 12:09 pm
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NEUTRAL IMPACT
Wedbush maintains a Neutral rating on Webster Financial and raises the price target from $40 to $50.
The news directly pertains to Webster Financial (WBS). The raised price target indicates a positive outlook, but the Neutral rating suggests that the stock is fairly valued at the moment. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100