Wells Fargo Maintains Equal-Weight on Allegion, Raises Price Target to $137
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph O'Dea maintains an Equal-Weight rating on Allegion (NYSE:ALLE) and raises the price target from $125 to $137.

July 25, 2024 | 6:15 pm
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Wells Fargo analyst Joseph O'Dea maintains an Equal-Weight rating on Allegion and raises the price target from $125 to $137.
The raised price target from $125 to $137 by a reputable analyst at Wells Fargo is a positive signal for investors, indicating potential upside. However, the Equal-Weight rating suggests a balanced view, which may temper the overall impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100