Wells Fargo Maintains Underweight on Paramount Group, Raises Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Blaine Heck maintains an Underweight rating on Paramount Group (NYSE:PGRE) but raises the price target from $3.5 to $4.
September 11, 2024 | 2:41 pm
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Wells Fargo has maintained an Underweight rating on Paramount Group but increased the price target from $3.5 to $4, indicating a slightly more positive outlook.
The Underweight rating suggests a cautious stance, but the raised price target indicates a slightly improved outlook. This mixed signal may result in a neutral short-term impact on PGRE's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100