Wells Fargo Upgrades Globe Life to Overweight, Raises Price Target to $137
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Wesley Carmichael has upgraded Globe Life (NYSE:GL) from Equal-Weight to Overweight and raised the price target from $122 to $137.
October 31, 2023 | 11:56 am
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Globe Life has been upgraded to Overweight by Wells Fargo, with a raised price target of $137.
The upgrade from Equal-Weight to Overweight by Wells Fargo indicates a positive outlook for Globe Life. The raised price target from $122 to $137 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100