Wells Fargo Maintains Equal-Weight on Amcor, Raises Price Target to $10.5
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has maintained its Equal-Weight rating on Amcor (NYSE:AMCR) and raised the price target from $9.8 to $10.5.
August 16, 2024 | 1:11 pm
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Wells Fargo has maintained its Equal-Weight rating on Amcor and raised the price target from $9.8 to $10.5.
The raised price target from $9.8 to $10.5 by Wells Fargo indicates a positive outlook on Amcor's stock, which could lead to a short-term price increase. However, the Equal-Weight rating suggests a balanced view, limiting the potential impact.
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