Wells Fargo Maintains Equal-Weight on Retail Opportunity, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Dori Kesten has maintained an Equal-Weight rating on Retail Opportunity (NASDAQ:ROIC) and raised the price target from $13.5 to $16.
August 28, 2024 | 2:30 pm
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Wells Fargo has maintained its Equal-Weight rating on Retail Opportunity and increased the price target from $13.5 to $16, indicating a positive outlook.
The increase in price target from $13.5 to $16 by Wells Fargo suggests a positive outlook for Retail Opportunity. Maintaining the Equal-Weight rating indicates a balanced view, but the raised target price is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100