Wells Fargo Maintains Underweight on Axis Capital Holdings, Lowers Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan maintains an Underweight rating on Axis Capital Holdings (AXS) and lowers the price target from $59 to $57.
April 11, 2024 | 2:03 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Wells Fargo analyst Elyse Greenspan maintains an Underweight rating on Axis Capital Holdings and lowers the price target from $59 to $57.
The reduction in price target by Wells Fargo, accompanied by an Underweight rating, suggests a bearish outlook on the stock. This could lead to a negative short-term impact on the stock price as market participants adjust their expectations based on this new analyst rating and price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100