Wells Fargo Maintains Underweight on Crown Castle, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Eric Luebchow has maintained an Underweight rating on Crown Castle (NYSE:CCI) and lowered the price target from $110 to $100.
October 17, 2023 | 1:53 pm
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Wells Fargo has maintained an Underweight rating on Crown Castle and lowered the price target, which could negatively impact the stock's performance.
The lowered price target by Wells Fargo indicates a bearish outlook on Crown Castle. This could lead to a decrease in the stock's price as investors adjust their expectations based on the new price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100