Wells Fargo Maintains Equal-Weight on Diodes, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Gary Mobley has maintained an Equal-Weight rating on Diodes (NASDAQ:DIOD) and lowered the price target from $85 to $65.
November 09, 2023 | 3:59 pm
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Wells Fargo has maintained an Equal-Weight rating on Diodes and lowered the price target from $85 to $65, which could potentially impact the stock's performance.
The lowering of the price target by Wells Fargo from $85 to $65 indicates a less optimistic outlook for Diodes, which could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100