Wells Fargo Maintains Equal-Weight on Accolade, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Stan Berenshteyn has maintained an Equal-Weight rating on Accolade (NASDAQ:ACCD) and increased the price target from $10 to $12.
January 09, 2024 | 1:37 pm
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Wells Fargo analyst Stan Berenshteyn maintains an Equal-Weight rating on Accolade and raises the price target from $10 to $12.
The increase in price target by Wells Fargo suggests a positive outlook on Accolade's stock, which could lead to a short-term increase in its stock price. The Equal-Weight rating indicates that the analyst believes the company is valued appropriately in the market, but the raised target implies an expectation of some growth or positive performance relative to the market.
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