Wells Fargo Maintains Overweight on WR Berkley, Raises Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan has maintained an Overweight rating on WR Berkley (NYSE:WRB) and increased the price target from $84 to $92.
January 25, 2024 | 4:03 pm
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Wells Fargo analyst Elyse Greenspan has reaffirmed WR Berkley's Overweight rating and raised the price target to $92, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Elyse Greenspan suggests a strong conviction in WR Berkley's future performance. This can positively influence investor sentiment and potentially lead to a short-term increase in the stock price as the market adjusts to the new price target.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100