Wells Fargo Maintains Overweight on OFG Bancorp, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Timur Braziler has maintained an Overweight rating on OFG Bancorp (NYSE:OFG) and increased the price target from $40 to $41.
January 29, 2024 | 2:43 pm
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Wells Fargo's analyst Timur Braziler has reaffirmed an Overweight rating on OFG Bancorp and raised the price target to $41, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Timur Braziler suggests a bullish outlook on OFG Bancorp, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100