Wells Fargo Maintains Equal-Weight on Runway Gwth Fin, Raises Price Target to $12.5
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Timothy O'Shea has maintained an Equal-Weight rating on Runway Growth Finance (RWAY) and raised the price target from $12 to $12.5.
August 09, 2023 | 3:24 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on Runway Growth Finance and raised the price target from $12 to $12.5.
The news is directly related to Runway Growth Finance (RWAY). The maintained Equal-Weight rating indicates that the analyst believes the company's stock is fairly valued. However, the increase in price target from $12 to $12.5 suggests that the analyst sees potential for the stock's price to increase in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100