Wells Fargo Maintains Equal-Weight on Black Hills, Raises Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Sarah Akers maintains an Equal-Weight rating on Black Hills (NYSE:BKH) and raises the price target from $56 to $61.
May 10, 2024 | 3:20 pm
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Wells Fargo has maintained its Equal-Weight rating on Black Hills but increased the price target from $56 to $61, indicating a positive outlook on the stock's value.
The increase in price target by a reputable analyst like Sarah Akers suggests a positive reassessment of Black Hills' valuation, potentially leading to increased investor interest and a short-term uplift in the stock price.
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IMPORTANCE 75
RELEVANCE 100