Wells Fargo Maintains Underweight on Cable One, Lowers Price Target to $400
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Steven Cahall maintains an Underweight rating on Cable One (NYSE:CABO) and lowers the price target from $460 to $400.
April 05, 2024 | 1:12 pm
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Wells Fargo analyst Steven Cahall maintains an Underweight rating on Cable One and lowers the price target from $460 to $400.
The reduction in price target by Wells Fargo, accompanied by an Underweight rating, suggests a bearish outlook on Cable One's stock in the short term. This could lead to a decrease in investor confidence and potentially lower stock prices.
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IMPORTANCE 90
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