Wells Fargo Maintains Equal-Weight on Petco Health and Wellness, Raises Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Zachary Fadem maintains an Equal-Weight rating on Petco Health and Wellness (NASDAQ:WOOF) and raises the price target from $2.75 to $3.
September 11, 2024 | 2:11 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo has maintained its Equal-Weight rating on Petco Health and Wellness, while increasing the price target from $2.75 to $3, indicating a slightly more positive outlook.
The increase in price target from $2.75 to $3 by Wells Fargo suggests a slightly more optimistic view on Petco's stock performance, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100