Atlantic Equities Maintains Overweight on Wells Fargo, Raises Price Target to $52.5
Portfolio Pulse from Benzinga Newsdesk
Atlantic Equities analyst John Heagerty maintains an Overweight rating on Wells Fargo (NYSE:WFC) and raises the price target from $50 to $52.5.
August 01, 2023 | 10:27 am
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Wells Fargo's price target has been raised from $50 to $52.5 by Atlantic Equities, maintaining an Overweight rating.
The raised price target indicates the analyst's increased confidence in the company's performance. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100