Wells Fargo Maintains Equal-Weight on W.P. Carey, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst James Feldman has maintained an Equal-Weight rating on W.P. Carey (NYSE:WPC) and raised the price target from $60 to $62.
August 26, 2024 | 12:58 pm
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Wells Fargo has maintained its Equal-Weight rating on W.P. Carey and increased the price target from $60 to $62, indicating a slightly positive outlook.
The increase in price target from $60 to $62 by Wells Fargo suggests a slightly positive outlook for W.P. Carey. Maintaining the Equal-Weight rating indicates that the stock is expected to perform in line with the market. This could lead to a modest positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100