Wells Fargo Maintains Overweight on Equitable Hldgs, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan maintains an Overweight rating on Equitable Hldgs (NYSE:EQH) but lowers the price target from $41 to $40.
October 17, 2023 | 1:44 pm
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NEUTRAL IMPACT
Equitable Hldgs' price target has been lowered from $41 to $40 by Wells Fargo, though the Overweight rating is maintained.
The news is directly about Equitable Hldgs and is likely to influence investor sentiment. The lowering of the price target might be seen as a negative signal, but the maintenance of the Overweight rating indicates that the analyst still sees the stock as a good investment. The impact on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100