Disney shares are trading higher after Wells Fargo maintained an Overweight rating and raised its price target from $128 to $141.
Portfolio Pulse from Benzinga Newsdesk
Disney shares are trading higher following Wells Fargo's decision to maintain an Overweight rating on the stock and increase its price target from $128 to $141.
April 23, 2024 | 4:53 pm
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POSITIVE IMPACT
Disney's stock price is experiencing an uptick after Wells Fargo reaffirmed an Overweight rating and raised the price target to $141.
The increase in Disney's price target by a reputable financial institution like Wells Fargo signals strong confidence in the company's future performance. This endorsement likely contributes to positive investor sentiment, driving the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100