Wells Fargo Maintains Overweight on Rubrik, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Andrew Nowinski maintains an Overweight rating on Rubrik (NYSE:RBRK) but lowers the price target from $42 to $40.
September 10, 2024 | 2:31 pm
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NEUTRAL IMPACT
Wells Fargo analyst Andrew Nowinski maintains an Overweight rating on Rubrik but lowers the price target from $42 to $40, indicating a slight decrease in expected valuation.
The Overweight rating suggests a positive outlook, but the lowered price target indicates a slight reduction in expected valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100