Piper Sandler Maintains Neutral on Wells Fargo, Raises Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Scott Siefers has maintained a Neutral rating on Wells Fargo (NYSE:WFC) and increased the price target from $45 to $47.
December 08, 2023 | 8:44 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Piper Sandler has maintained a Neutral rating on Wells Fargo but raised the price target from $45 to $47, indicating a potential upside from the current price level.
The increase in price target by Piper Sandler suggests a positive outlook on Wells Fargo's stock value in the short term. While the rating remains Neutral, the higher price target may lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100