JP Morgan Upgrades WESCO Intl to Overweight, Announces $180 Price Target
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Stephen Tusa has upgraded WESCO Intl (NYSE:WCC) from Neutral to Overweight and announced a price target of $180.
October 06, 2023 | 11:12 am
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POSITIVE IMPACT
WESCO Intl has been upgraded from Neutral to Overweight by JP Morgan, with a new price target of $180.
The upgrade from JP Morgan is a positive signal for WESCO Intl. It indicates that the analyst believes the company's stock will outperform the market or its sector in the near term. The new price target of $180 also suggests a significant upside potential from the current price level. This could lead to increased buying interest in the stock, potentially driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100