Wells Fargo Maintains Underweight on Marcus & Millichap, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Blaine Heck maintains an Underweight rating on Marcus & Millichap (NYSE:MMI) but raises the price target from $20 to $30.
September 06, 2024 | 1:03 pm
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Wells Fargo has maintained an Underweight rating on Marcus & Millichap but increased the price target from $20 to $30, indicating a more positive outlook despite the cautious rating.
The Underweight rating suggests a cautious stance, but the raised price target indicates a more optimistic view on the stock's potential. This mixed signal may lead to neutral short-term price movement as investors weigh the implications.
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