Wells Fargo Maintains Equal-Weight on Stanley Black & Decker, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joe O'Dea maintains an Equal-Weight rating on Stanley Black & Decker (SWK) and lowers the price target from $105 to $95.
February 02, 2024 | 2:27 pm
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Wells Fargo analyst Joe O'Dea maintains an Equal-Weight rating on Stanley Black & Decker and lowers the price target from $105 to $95.
The reduction in price target by Wells Fargo indicates a less optimistic outlook on Stanley Black & Decker's stock performance in the short term. This adjustment could lead to a negative perception among investors, potentially causing a decrease in the stock price.
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IMPORTANCE 75
RELEVANCE 100