Wells Fargo Maintains Equal-Weight on Blend Labs, Raises Price Target to $1.5
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin has maintained an Equal-Weight rating on Blend Labs (NYSE:BLND) and raised the price target from $1 to $1.5.
August 10, 2023 | 2:18 pm
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Blend Labs' price target has been raised from $1 to $1.5 by Wells Fargo, while maintaining an Equal-Weight rating.
The increase in price target by a reputable financial institution like Wells Fargo indicates a positive outlook for Blend Labs. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100