Wells Fargo Maintains Underweight on Omnicell, Lowers Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Stan Berenshteyn has maintained an Underweight rating on Omnicell (NASDAQ:OMCL) and lowered the price target from $56 to $39.
September 26, 2023 | 4:13 pm
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Wells Fargo has maintained an Underweight rating on Omnicell and lowered the price target from $56 to $39.
The lowered price target by Wells Fargo indicates a bearish outlook for Omnicell. This could potentially lead to a decrease in the stock price in the short term as investors adjust their expectations based on this new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100