Evercore ISI Group Reiterates Outperform on Wells Fargo, Lowers Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst John Pancari has reiterated an Outperform rating on Wells Fargo (NYSE:WFC) but has lowered the price target from $70 to $67.
July 15, 2024 | 3:53 pm
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Evercore ISI Group analyst John Pancari has reiterated an Outperform rating on Wells Fargo but has lowered the price target from $70 to $67.
The reiteration of an Outperform rating is positive, but the lowered price target may temper investor enthusiasm. The net impact is likely neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100