Barclays Maintains Overweight on Wells Fargo, Raises Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jason Goldberg has maintained an Overweight rating on Wells Fargo (NYSE:WFC) and increased the price target from $54 to $66.
January 02, 2024 | 12:20 pm
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Barclays analyst Jason Goldberg maintains an Overweight rating on Wells Fargo and raises the price target from $54 to $66, indicating a positive outlook on the stock.
The increase in price target by Barclays reflects a bullish stance on Wells Fargo's stock, suggesting that the analyst sees potential for the stock to rise to the new target price. This can positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100