Wells Fargo Maintains Underweight on Avnet, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph Quatrochi maintains an Underweight rating on Avnet (NASDAQ:AVT) but raises the price target from $40 to $45.
August 09, 2024 | 10:29 pm
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Wells Fargo analyst Joseph Quatrochi maintains an Underweight rating on Avnet (NASDAQ:AVT) but raises the price target from $40 to $45.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The mixed signals likely result in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100