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
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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.
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