Morgan Stanley Maintains Overweight on Wells Fargo, Raises Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck maintains an Overweight rating on Wells Fargo (NYSE:WFC) and raises the price target from $63 to $64.
April 15, 2024 | 5:03 pm
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Morgan Stanley maintains an Overweight rating on Wells Fargo and raises the price target to $64.
The upgrade in the price target by a reputable analyst like Betsy Graseck from Morgan Stanley suggests a positive outlook on Wells Fargo's stock, likely leading to increased investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100