Wells Fargo Maintains Equal-Weight on UMB Financial, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Timur Braziler has maintained an Equal-Weight rating on UMB Financial (NASDAQ:UMBF) and raised the price target from $88 to $90.
April 30, 2024 | 2:48 pm
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Wells Fargo has maintained an Equal-Weight rating on UMB Financial and increased the price target from $88 to $90.
The increase in price target by Wells Fargo suggests a positive outlook on UMB Financial's stock, potentially leading to short-term price appreciation. The maintenance of an Equal-Weight rating indicates a neutral long-term view, but the raised target price could signal confidence in the company's near-term performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100