United States Cellular shares are trading higher afterWells Fargo upgraded the stock from Equal-Weight to Overweight and raised its price target from $38 to $75.
Portfolio Pulse from Benzinga Newsdesk
United States Cellular shares are trading higher after Wells Fargo upgraded the stock from Equal-Weight to Overweight and raised its price target from $38 to $75.
May 30, 2024 | 3:27 pm
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POSITIVE IMPACT
Wells Fargo upgraded United States Cellular from Equal-Weight to Overweight and increased its price target from $38 to $75, leading to a rise in the stock price.
The upgrade from Wells Fargo and the significant increase in the price target are strong positive signals for investors, likely leading to increased buying activity and a rise in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100