Wells Fargo Maintains Equal-Weight on Webster Finl, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Steven Shaw has maintained an Equal-Weight rating on Webster Financial (NYSE:WBS) and lowered the price target from $50 to $42.
October 04, 2023 | 1:17 pm
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NEGATIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on Webster Financial and lowered the price target from $50 to $42.
The lowering of the price target by Wells Fargo indicates a potential decrease in the stock price of Webster Financial in the short term. This is likely to negatively impact the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100