Wells Fargo Maintains Overweight on Atmus Filtration Techs, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph O'Dea maintains an Overweight rating on Atmus Filtration Techs (ATMU) but lowers the price target from $37 to $36.
May 06, 2024 | 2:00 pm
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Wells Fargo maintains an Overweight rating on Atmus Filtration Techs but lowers the price target from $37 to $36.
The adjustment in price target by a major analyst like Wells Fargo, while maintaining an Overweight rating, suggests a continued positive outlook on ATMU but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on the stock as the market digests the slight reduction in the price target against the backdrop of ongoing analyst confidence.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100