Wells Fargo Maintains Equal-Weight on Stagwell, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Steven Cahall has maintained an Equal-Weight rating on Stagwell (NASDAQ:STGW) and lowered the price target from $8 to $7.
August 09, 2023 | 3:34 pm
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Wells Fargo has maintained an Equal-Weight rating on Stagwell and lowered the price target from $8 to $7.
The lowering of the price target by Wells Fargo indicates a less optimistic outlook for Stagwell's stock, which could potentially lead to a decrease in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100