Wells Fargo Maintains Equal-Weight on PacWest Banc, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Steven Shaw has maintained an Equal-Weight rating on PacWest Banc (NASDAQ:PACW) and lowered the price target from $13.5 to $9.
October 04, 2023 | 1:11 pm
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NEGATIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on PacWest Banc and lowered the price target from $13.5 to $9.
The lowering of the price target by Wells Fargo indicates a potential decrease in the stock price of PacWest Banc in the short term. This is likely to negatively impact the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100