Wells Fargo Initiates Coverage On Mesa Laboratories with Underweight Rating, Announces Price Target of $120
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has initiated coverage on Mesa Laboratories with an Underweight rating and set a price target of $120.
August 27, 2024 | 9:59 pm
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Wells Fargo has initiated coverage on Mesa Laboratories with an Underweight rating and a price target of $120, suggesting potential downside.
The Underweight rating and a price target of $120 from Wells Fargo suggest that the stock may be overvalued at current levels, potentially leading to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100