Wells Fargo Maintains Equal-Weight on Carter's, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has maintained an Equal-Weight rating on Carter's (NYSE:CRI) while raising the price target from $60 to $72, indicating a more optimistic outlook on the company's stock.
September 09, 2024 | 1:29 pm
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Wells Fargo has maintained an Equal-Weight rating on Carter's and increased the price target from $60 to $72, suggesting a more positive view on the stock's potential.
The increase in the price target from $60 to $72 by Wells Fargo indicates a more optimistic outlook on Carter's stock, which could lead to a positive short-term impact on the stock price. The maintained Equal-Weight rating suggests a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100