Wells Fargo Maintains Overweight on WEC Energy Group, Raises Price Target to $103
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Neil Kalton has maintained an Overweight rating on WEC Energy Group and raised the price target from $98 to $103.
August 21, 2024 | 1:44 pm
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Wells Fargo has reaffirmed its Overweight rating on WEC Energy Group and increased the price target from $98 to $103, indicating a positive outlook.
The increase in price target from $98 to $103 by Wells Fargo suggests a positive outlook for WEC Energy Group, likely leading to a short-term price increase. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100