Wells Fargo Maintains Equal-Weight on Spectrum Brands Holdings, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Sam Reid maintains an Equal-Weight rating on Spectrum Brands Holdings (NYSE:SPB) and raises the price target from $75 to $85.
February 09, 2024 | 2:08 pm
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Wells Fargo has maintained an Equal-Weight rating on Spectrum Brands Holdings and increased the price target from $75 to $85.
The increase in the price target by Wells Fargo suggests a positive outlook on Spectrum Brands Holdings' future performance. This adjustment reflects an expectation of stronger financial health or market position, likely leading to increased investor confidence and potentially a short-term rise in the stock price.
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IMPORTANCE 80
RELEVANCE 90