Wells Fargo Maintains Overweight on InvenTrust Properties, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Dori Kesten has maintained an Overweight rating on InvenTrust Properties (NYSE:IVT) but has reduced the price target from $28 to $27.

November 13, 2023 | 3:07 pm
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NEUTRAL IMPACT
Wells Fargo analyst Dori Kesten maintained an Overweight rating on InvenTrust Properties but lowered the price target from $28 to $27.
The reduction in price target by Wells Fargo may have a neutral to slightly negative short-term impact on IVT's stock price as the Overweight rating was maintained, indicating a continued positive outlook despite a minor adjustment in the expected price level. The adjustment reflects a slight change in valuation assessment by the analyst.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100