Wells Fargo Maintains Equal-Weight on Smith Douglas Homes, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Sam Reid maintains an Equal-Weight rating on Smith Douglas Homes (NYSE:SDHC) and raises the price target from $25 to $35.
August 15, 2024 | 2:46 pm
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POSITIVE IMPACT
Wells Fargo analyst Sam Reid maintains an Equal-Weight rating on Smith Douglas Homes and raises the price target from $25 to $35.
The raised price target from $25 to $35 by a reputable analyst at Wells Fargo is likely to have a positive short-term impact on Smith Douglas Homes' stock price, as it reflects increased confidence in the company's valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100