Wells Fargo Maintains Overweight on Signet Jewelers, Lowers Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ike Boruchow maintains an Overweight rating on Signet Jewelers but lowers the price target from $125 to $105.
August 27, 2024 | 12:49 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Wells Fargo has maintained its Overweight rating on Signet Jewelers but has reduced the price target from $125 to $105, indicating a more cautious outlook.
The reduction in price target from $125 to $105 by Wells Fargo suggests a more cautious outlook on Signet Jewelers' future performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100