BMO Capital Maintains Market Perform on Wells Fargo, Raises Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst James Fotheringham maintains a Market Perform rating on Wells Fargo (NYSE:WFC) and raises the price target from $57 to $59.
July 15, 2024 | 4:19 pm
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BMO Capital analyst James Fotheringham maintains a Market Perform rating on Wells Fargo and raises the price target from $57 to $59.
The raised price target from $57 to $59 indicates a positive outlook from BMO Capital, which could lead to a short-term increase in Wells Fargo's stock price. However, the Market Perform rating suggests that the stock is expected to perform in line with the market, tempering the overall impact.
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