Wells Fargo Maintains Overweight on PBF Energy, Lowers Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read maintains an Overweight rating on PBF Energy (NYSE:PBF) but lowers the price target from $67 to $66.
June 06, 2024 | 6:36 pm
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Wells Fargo analyst Roger Read maintains an Overweight rating on PBF Energy but lowers the price target from $67 to $66.
The Overweight rating suggests a positive outlook, but the slight reduction in the price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100