Wells Fargo Maintains Equal-Weight on New Mountain Finance, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Timothy O'Shea maintains an Equal-Weight rating on New Mountain Finance (NASDAQ:NMFC) but lowers the price target from $12.5 to $12.
August 02, 2024 | 6:25 pm
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Wells Fargo analyst Timothy O'Shea maintains an Equal-Weight rating on New Mountain Finance but lowers the price target from $12.5 to $12.
The lowered price target from $12.5 to $12 by Wells Fargo suggests a less optimistic outlook for New Mountain Finance, which could lead to a short-term decline in the stock price.
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