Wells Fargo Maintains Overweight on Shell, Raises Price Target to $91
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read has maintained an Overweight rating on Shell (NYSE:SHEL) and increased the price target from $88 to $91.
May 03, 2024 | 5:58 pm
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Wells Fargo has maintained an Overweight rating on Shell and raised the price target from $88 to $91.
The increase in the price target by Wells Fargo, a major financial institution, reflects a positive outlook on Shell's future performance. This endorsement is likely to instill confidence among investors, potentially leading to a short-term increase in Shell's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100