Wells Fargo Maintains Overweight on Alcon, Raises Price Target to $89
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Larry Biegelsen has maintained an Overweight rating on Alcon (NYSE:ALC) and raised the price target from $80 to $89.
August 17, 2023 | 1:45 pm
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POSITIVE IMPACT
Wells Fargo has maintained an Overweight rating on Alcon and raised the price target from $80 to $89, which could lead to a positive market reaction.
The raised price target by Wells Fargo indicates a positive outlook for Alcon. 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