Wells Fargo Maintains Underweight on Gray Television, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Steven Cahall has maintained an Underweight rating on Gray Television (NYSE:GTN) and lowered the price target from $7 to $6.
November 09, 2023 | 3:46 pm
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Wells Fargo has maintained an Underweight rating on Gray Television and lowered the price target from $7 to $6, which could negatively impact the stock's performance.
The lowered price target from Wells Fargo indicates a bearish outlook on Gray Television. This could lead to a decrease in the stock's price as investors adjust their expectations based on this new target.
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