Wells Fargo Maintains Equal-Weight on First BanCorp, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Timur Braziler maintains an Equal-Weight rating on First BanCorp (NYSE:FBP) and raises the price target from $19 to $20.
July 24, 2024 | 3:53 pm
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POSITIVE IMPACT
Wells Fargo analyst Timur Braziler maintains an Equal-Weight rating on First BanCorp and raises the price target from $19 to $20.
The raised price target from $19 to $20 by a reputable analyst at Wells Fargo is a positive signal for investors, indicating potential for slight upward movement in the stock price. However, the Equal-Weight rating suggests a neutral stance on the stock's performance relative to the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100