Wells Fargo Maintains Equal-Weight on New Mountain Finance, Raises Price Target to $12.5
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Timothy O'Shea has maintained an Equal-Weight rating on New Mountain Finance (NASDAQ:NMFC) and increased the price target from $12 to $12.5.
January 29, 2024 | 2:58 pm
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POSITIVE IMPACT
Wells Fargo analyst Timothy O'Shea has reaffirmed New Mountain Finance's Equal-Weight rating and raised the price target to $12.5.
The increase in price target by a reputable analyst like Timothy O'Shea suggests a positive outlook on the stock, which could lead to a short-term increase in investor confidence and potentially a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100