Wells Fargo Maintains Overweight on Greif, Lowers Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Gabe Hajde maintains an Overweight rating on Greif (NYSE:GEF) but lowers the price target from $80 to $76.
August 26, 2024 | 12:42 pm
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NEUTRAL IMPACT
Wells Fargo maintains an Overweight rating on Greif but reduces the price target from $80 to $76, indicating a slightly less optimistic outlook.
The Overweight rating suggests continued confidence in Greif's performance, but the lowered price target indicates a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100