Wells Fargo Maintains Equal-Weight on Magna International, Lowers Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Colin Langan has maintained an Equal-Weight rating on Magna International (NYSE:MGA) and lowered the price target from $66 to $59.
October 03, 2023 | 12:55 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on Magna International and lowered the price target from $66 to $59.
The lowering of the price target by Wells Fargo indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Magna International's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100