Wells Fargo Maintains Equal-Weight on First BanCorp, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Timur Braziler has maintained an Equal-Weight rating on First BanCorp (NYSE:FBP) and increased the price target from $16 to $18.
April 10, 2024 | 3:58 pm
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Wells Fargo has maintained an Equal-Weight rating on First BanCorp and raised the price target from $16 to $18.
The increase in price target by Wells Fargo suggests a positive outlook on First BanCorp's stock, potentially leading to increased investor confidence and a short-term rise in stock price.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90