Wells Fargo Maintains Underweight on Gray Television, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Steven Cahall maintains an Underweight rating on Gray Television (NYSE:GTN) and lowers the price target from $6 to $4.
August 09, 2024 | 4:06 pm
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NEGATIVE IMPACT
Wells Fargo analyst Steven Cahall maintains an Underweight rating on Gray Television and lowers the price target from $6 to $4.
The lowered price target and maintained Underweight rating from a major financial institution like Wells Fargo is likely to negatively impact investor sentiment and the short-term stock price of Gray Television.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100