Wells Fargo Maintains Overweight on Barings BDC, Raises Price Target to $9.25
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Timothy O'Shea has maintained an Overweight rating on Barings BDC (NYSE:BBDC) and raised the price target from $7.75 to $9.25.
August 11, 2023 | 2:14 pm
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Wells Fargo has maintained an Overweight rating on Barings BDC and raised the price target from $7.75 to $9.25, which could lead to a positive market reaction.
The raised price target by Wells Fargo indicates a positive outlook for Barings BDC. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100