Wells Fargo Maintains Overweight on IHS Holding, Lowers Price Target to $8.5
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Eric Luebchow maintains an Overweight rating on IHS Holding (NYSE:IHS) but lowers the price target from $12 to $8.5.

March 11, 2024 | 11:19 am
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Wells Fargo maintains an Overweight rating on IHS Holding but reduces the price target from $12 to $8.5.
The reduction in price target by Wells Fargo, despite maintaining an Overweight rating, suggests a reassessment of IHS Holding's valuation, potentially due to market conditions or company-specific factors. This adjustment is likely to influence investor perception negatively in the short term, leading to a possible decrease in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100