Wells Fargo Maintains Overweight on Voya Financial, Raises Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan maintains an Overweight rating on Voya Financial (VOYA) and raises the price target from $91 to $92.
May 10, 2024 | 3:45 pm
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Wells Fargo's updated Overweight rating and increased price target from $91 to $92 for Voya Financial indicates a positive outlook on the company's stock, suggesting potential for growth.
The increase in price target by a reputable analyst like Elyse Greenspan from Wells Fargo typically signals a strong conviction in the company's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100