Keybanc Maintains Overweight on WESCO Intl, Lowers Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Ken Newman maintains an Overweight rating on WESCO Intl (NYSE:WCC) but lowers the price target from $185 to $165.
February 14, 2024 | 10:26 am
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Keybanc maintains an Overweight rating on WESCO Intl but lowers the price target from $185 to $165.
While the reduction in price target could suggest a tempered outlook on WESCO Intl's short-term price potential, the maintenance of an Overweight rating indicates continued confidence in the company's fundamentals. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the analyst's ongoing bullish stance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100