Wells Fargo Maintains Underweight on Empire State Realty Trust, Raises Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Blaine Heck maintains an Underweight rating on Empire State Realty Trust (NYSE:ESRT) and raises the price target from $6 to $7.
August 30, 2023 | 3:06 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Wells Fargo maintains an Underweight rating on Empire State Realty Trust and raises the price target from $6 to $7.
The news is directly related to Empire State Realty Trust (ESRT). Wells Fargo's decision to maintain an Underweight rating indicates a bearish outlook, but the increase in price target from $6 to $7 suggests some potential upside. The impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100