Wells Fargo Initiates Coverage On Clean Harbors with Overweight Rating, Announces Price Target of $190
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst John Mazzoni has initiated coverage on Clean Harbors (NYSE:CLH) with an Overweight rating and set a price target of $190.
December 08, 2023 | 12:24 pm
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Wells Fargo analyst John Mazzoni initiated coverage on Clean Harbors with an Overweight rating and a price target of $190, which could positively influence the stock's performance.
Analyst ratings, especially from major financial institutions like Wells Fargo, can significantly impact a stock's short-term performance. An Overweight rating suggests that the analyst believes the stock will outperform its sector or the overall market. The announcement of a high price target of $190 further indicates a strong bullish outlook for Clean Harbors, which could lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100