Wells Fargo Initiates Coverage On Houlihan Lokey with Underweight Rating, Announces Price Target of $149
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has initiated coverage on Houlihan Lokey with an Underweight rating and set a price target of $149.
September 12, 2024 | 1:26 pm
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Wells Fargo has initiated coverage on Houlihan Lokey with an Underweight rating and a price target of $149, suggesting potential downside.
The Underweight rating from Wells Fargo suggests that Houlihan Lokey's stock may underperform relative to the market or its peers. The price target of $149 indicates a potential downside from current levels, which could lead to negative sentiment among investors.
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IMPORTANCE 80
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