Wells Fargo Initiates Coverage On GE HealthCare Techs with Overweight Rating, Announces Price Target of $90
Portfolio Pulse from richadhand@benzinga.com
Wells Fargo analyst Larry Biegelsen has initiated coverage on GE HealthCare Techs (NASDAQ:GEHC) with an Overweight rating and a price target of $90.
August 16, 2023 | 10:02 am
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POSITIVE IMPACT
Wells Fargo has initiated coverage on GE HealthCare Techs with an Overweight rating and a price target of $90, which could positively impact the stock.
The Overweight rating from Wells Fargo indicates that the analyst believes GEHC will outperform the market. This, combined with a high price target, is likely to increase investor confidence and could drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100