Wells Fargo Maintains Overweight on Popular, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Timur Braziler has maintained an Overweight rating on Popular (NASDAQ:BPOP) but lowered the price target from $80 to $75.
October 04, 2023 | 1:12 pm
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Wells Fargo has maintained an Overweight rating on Popular but lowered the price target from $80 to $75.
The news is directly related to Popular (BPOP). While the Overweight rating is maintained, indicating a positive outlook, the lowering of the price target could indicate a slightly less optimistic view on the stock's future performance. This could potentially have a neutral impact on the stock's price in the short term.
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