Wells Fargo Maintains Overweight on Pembina Pipeline, Raises Price Target to C$55
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Praneeth Satish has maintained an Overweight rating on Pembina Pipeline and increased the price target from C$52 to C$55.
March 07, 2024 | 1:29 pm
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POSITIVE IMPACT
Wells Fargo has maintained an Overweight rating on Pembina Pipeline and raised the price target from C$52 to C$55.
The increase in the price target by a reputable analyst such as Praneeth Satish from Wells Fargo is a strong positive signal for Pembina Pipeline. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100