Wells Fargo Maintains Equal-Weight on Pulmonx, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Larry Biegelsen maintains an Equal-Weight rating on Pulmonx (NASDAQ:LUNG) but lowers the price target from $14 to $10.
August 01, 2024 | 1:44 pm
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Wells Fargo analyst Larry Biegelsen maintains an Equal-Weight rating on Pulmonx but lowers the price target from $14 to $10.
The lowered price target from $14 to $10 by a major financial institution like Wells Fargo is likely to negatively impact investor sentiment and could lead to a short-term decline in Pulmonx's stock price.
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