Wells Fargo Maintains Overweight on Ameren, Lowers Price Target to $94
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Neil Kalton has maintained an Overweight rating on Ameren (NYSE:AEE) but lowered the price target from $101 to $94.
August 04, 2023 | 3:39 pm
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Wells Fargo has maintained an Overweight rating on Ameren but lowered the price target from $101 to $94.
The news is directly related to Ameren. While the Overweight rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact on the stock price is uncertain as the rating is still positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100