Raymond James Upgrades Wesbanco to Outperform, Maintains Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Daniel Tamayo upgraded Wesbanco (NASDAQ:WSBC) from Market Perform to Outperform while maintaining the price target at $34.
January 05, 2024 | 1:23 pm
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POSITIVE IMPACT
Wesbanco's stock rating was upgraded by Raymond James from Market Perform to Outperform, with the price target remaining unchanged at $34.
Upgrades by analysts often lead to a positive short term reaction in the stock market as they suggest a better outlook for the company. The maintenance of the price target indicates a belief in the company's steady value proposition.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100