Wells Fargo Maintains Equal-Weight on Zevia, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Chris Carey has maintained an Equal-Weight rating on Zevia (NYSE:ZVIA) and lowered the price target from $4 to $3.
July 25, 2023 | 11:55 am
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NEGATIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on Zevia and lowered the price target from $4 to $3, which could potentially impact the stock's performance.
The lowering of the price target by Wells Fargo from $4 to $3 indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Zevia's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100