Wells Fargo Maintains Underweight on Paramount Group, Raises Price Target to $3.5
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Blaine Heck maintains an Underweight rating on Paramount Group (NYSE:PGRE) and raises the price target from $3 to $3.5.
August 30, 2023 | 3:08 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Wells Fargo maintains an Underweight rating on Paramount Group and raises the price target from $3 to $3.5.
The Underweight rating maintained by Wells Fargo indicates a negative outlook for Paramount Group. However, the increase in price target from $3 to $3.5 suggests some potential upside. The impact is likely to be negative in the short term due to the Underweight rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100