Wells Fargo Maintains Equal-Weight on Diodes, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Gary Mobley maintains an Equal-Weight rating on Diodes (NASDAQ:DIOD) and lowers the price target from $80 to $70.
February 07, 2024 | 3:52 pm
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Wells Fargo analyst Gary Mobley maintains an Equal-Weight rating on Diodes and lowers the price target from $80 to $70.
The reduction in the price target from $80 to $70 by a prominent analyst could lead to a negative perception among investors, potentially causing a short-term decrease in the stock price of Diodes.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100