Wells Fargo Maintains Overweight on COPT Defense, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Blaine Heck maintains an Overweight rating on COPT Defense (NYSE:CDP) but lowers the price target from $33 to $32.
September 11, 2024 | 2:22 pm
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NEUTRAL IMPACT
Wells Fargo maintains an Overweight rating on COPT Defense but lowers the price target from $33 to $32, indicating a slight decrease in expected valuation.
The Overweight rating suggests continued confidence in COPT Defense's performance, 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 80
RELEVANCE 100