Wells Fargo Maintains Overweight on Northern Trust, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Mike Mayo has maintained an Overweight rating on Northern Trust (NASDAQ:NTRS) but lowered the price target from $100 to $90.
September 12, 2023 | 4:23 pm
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Northern Trust's price target has been lowered from $100 to $90 by Wells Fargo, though the Overweight rating is maintained.
The lowering of the price target by Wells Fargo indicates a potential decrease in the short-term value of Northern Trust's stock. However, the maintained Overweight rating suggests that the stock is still expected to outperform.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100