BMO Capital Maintains Market Perform on Wells Fargo, Raises Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst James Fotheringham maintains a 'Market Perform' rating on Wells Fargo (NYSE:WFC) and raises the price target from $52 to $54.
October 16, 2023 | 5:05 pm
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Wells Fargo's price target has been raised from $52 to $54 by BMO Capital, maintaining a 'Market Perform' rating.
The raised price target indicates that the analyst sees potential for the stock's price to increase. This could lead to positive sentiment among investors, potentially driving the stock price up in the short term.
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