Wells Fargo Maintains Equal-Weight on CION Invt, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Finian O'Shea maintains an Equal-Weight rating on CION Investment Corporation (NYSE:CION) and raises the price target from $11.5 to $12.
May 15, 2024 | 12:27 pm
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Wells Fargo analyst Finian O'Shea maintains an Equal-Weight rating on CION Investment Corporation and raises the price target from $11.5 to $12.
The raised price target from $11.5 to $12 by a reputable analyst at Wells Fargo is a positive signal for investors, indicating potential upside. However, the Equal-Weight rating suggests a neutral stance on the stock's performance relative to the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100