Wells Fargo Upgrades Omnicell to Equal-Weight, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Stan Berenshteyn has upgraded Omnicell (NASDAQ:OMCL) from Underweight to Equal-Weight and lowered the price target from $39 to $28.
November 03, 2023 | 12:04 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Omnicell has been upgraded from Underweight to Equal-Weight by Wells Fargo, but the price target has been lowered from $39 to $28.
The upgrade from Underweight to Equal-Weight indicates a more positive outlook on the stock by Wells Fargo. However, the lowering of the price target from $39 to $28 suggests a potential decrease in the stock's value. The net effect on the stock's price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100