Baird Maintains Neutral on WESCO Intl, Lowers Price Target to $172
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Manthey maintains a Neutral rating on WESCO Intl (NYSE:WCC) but lowers the price target from $195 to $172.
August 02, 2024 | 3:35 pm
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Baird analyst David Manthey maintains a Neutral rating on WESCO Intl (NYSE:WCC) and lowers the price target from $195 to $172.
The lowered price target from $195 to $172 suggests a less optimistic outlook for WESCO Intl, which could lead to a short-term negative impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target may influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100