Wells Fargo Maintains Equal-Weight on Ingevity, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Sison maintains an Equal-Weight rating on Ingevity (NYSE:NGVT) but lowers the price target from $45 to $40.
August 05, 2024 | 1:02 pm
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Wells Fargo analyst Michael Sison maintains an Equal-Weight rating on Ingevity (NYSE:NGVT) but lowers the price target from $45 to $40.
The lowered price target from $45 to $40 by Wells Fargo suggests a less optimistic outlook for Ingevity's stock performance, which could lead to a short-term negative impact on the stock price.
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