Keybanc Maintains Overweight on WESCO Intl, Lowers Price Target to $185
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst Ken Newman has maintained an Overweight rating on WESCO Intl (NYSE:WCC) but lowered the price target from $210 to $185.
August 04, 2023 | 2:59 pm
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NEUTRAL IMPACT
WESCO Intl's price target has been lowered from $210 to $185 by Keybanc, though the Overweight rating is maintained.
The news is directly about WESCO Intl and its price target being lowered by Keybanc. This could potentially impact the stock's price as it indicates a lower future valuation, but the maintained Overweight rating suggests that the analyst still sees the stock as a good investment. The impact is neutral as the news has both positive and negative aspects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100