Wells Fargo Maintains Overweight on Brookfield Infr Partners, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Jonathan Reeder has maintained an Overweight rating on Brookfield Infrastructure Partners (BIP) but lowered the price target from $41 to $37.
August 04, 2023 | 3:41 pm
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NEUTRAL IMPACT
Wells Fargo has maintained an Overweight rating on Brookfield Infrastructure Partners but lowered the price target from $41 to $37.
The news is directly related to Brookfield Infrastructure Partners (BIP). The maintained Overweight rating indicates a positive outlook, but the lowered price target may indicate a slower growth expectation. This could have a neutral impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100