Stephens & Co. Maintains Overweight on WSFS Financial, Raises Price Target to $48
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Russell Gunther maintains an Overweight rating on WSFS Financial (NASDAQ:WSFS) and raises the price target from $44 to $48.
July 26, 2023 | 2:30 pm
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POSITIVE IMPACT
WSFS Financial's price target has been raised from $44 to $48 by Stephens & Co., which maintains an Overweight rating on the stock.
The news of an increased price target typically has a positive impact on a stock as it implies that the analyst believes the stock has potential to grow. The Overweight rating also suggests that the analyst expects the stock to outperform its sector in the market, which could lead to increased investor interest and potentially a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100