Odeon Capital Upgrades Wells Fargo to Buy, Announces $56.08 Price Target
Portfolio Pulse from Benzinga Newsdesk
Odeon Capital analyst Dick Bove has upgraded Wells Fargo (NYSE:WFC) from Hold to Buy and set a price target of $56.08.
December 14, 2023 | 1:40 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo was upgraded by Odeon Capital from Hold to Buy with a price target of $56.08, indicating a positive outlook on the stock.
Upgrades by analysts typically lead to a positive short term impact on the stock price as it reflects a positive change in the stock's outlook. The new price target of $56.08 suggests a potential upside from the current trading price, which can attract investors.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100