Perella Weinberg shares are trading higher after JMP Securities maintained a Market Outperform rating on the stock and raised its price target from $18 to $22.
Portfolio Pulse from Benzinga Newsdesk
Perella Weinberg's stock (PWP) is trading higher following JMP Securities' decision to maintain a Market Outperform rating and increase the price target from $18 to $22.
April 09, 2024 | 1:16 pm
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POSITIVE IMPACT
Perella Weinberg's stock is experiencing a positive movement after JMP Securities reaffirmed a Market Outperform rating and raised the price target to $22.
The positive adjustment in the price target by JMP Securities directly impacts investor sentiment towards PWP, likely leading to increased buying activity and a short-term uptick in the stock price. The reaffirmation of the Market Outperform rating further solidifies confidence in the stock's potential.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100