Wells Fargo Reinstates Equal-Weight on Southwest Gas Hldgs, Announces $77 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Sarah Akers reinstated an Equal-Weight rating on Southwest Gas Holdings (SWX) and set a price target of $77.
May 13, 2024 | 1:36 pm
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Wells Fargo analyst Sarah Akers reinstated Southwest Gas Holdings with an Equal-Weight rating and a $77 price target, indicating a neutral to positive outlook.
The reinstatement of the rating with a significant price target suggests a positive outlook on the stock by the analyst. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100