Wells Fargo Maintains Equal-Weight on Cerence, Lowers Price Target to $3.3
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Colin Langan maintains an Equal-Weight rating on Cerence (NASDAQ:CRNC) but lowers the price target from $6.5 to $3.3.
August 09, 2024 | 3:59 pm
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Wells Fargo analyst Colin Langan maintains an Equal-Weight rating on Cerence but lowers the price target from $6.5 to $3.3.
The lowered price target from $6.5 to $3.3 by Wells Fargo suggests a negative outlook on Cerence's stock performance, likely leading to a short-term decline in its stock price.
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