Wells Fargo Maintains Equal-Weight on ARKO, Raises Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Anthony Bonadio has maintained an Equal-Weight rating on ARKO (NASDAQ: ARKO) and raised the price target from $7.5 to $8.
August 09, 2023 | 3:18 pm
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POSITIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on ARKO and raised the price target from $7.5 to $8.
The raised price target by Wells Fargo indicates a positive outlook for ARKO. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's increased confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100