Wells Fargo Downgrades First Interstate BancSys to Equal-Weight
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Steven Shaw has downgraded First Interstate BancSys (NASDAQ:FIBK) from Overweight to Equal-Weight.
October 04, 2023 | 10:50 am
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NEGATIVE IMPACT
First Interstate BancSys has been downgraded by Wells Fargo from Overweight to Equal-Weight.
The downgrade from Overweight to Equal-Weight by a Wells Fargo analyst indicates a less optimistic outlook for the company's stock. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100