Wells Fargo Maintains Equal-Weight on Elme Communities, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Blaine Heck has maintained an Equal-Weight rating on Elme Communities (NYSE:ELME) and lowered the price target from $18 to $15.
September 12, 2023 | 12:40 pm
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NEGATIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on Elme Communities and lowered the price target from $18 to $15.
The lowering of the price target by Wells Fargo from $18 to $15 indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100