Goldman Sachs Maintains Buy on Wells Fargo, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Richard Ramsden has reaffirmed a Buy rating on Wells Fargo (NYSE:WFC) and increased the price target from $45 to $50.
December 01, 2023 | 3:20 pm
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Goldman Sachs has maintained a Buy rating on Wells Fargo and raised the price target from $45 to $50, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Goldman Sachs typically signals confidence in the company's future performance and can lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100