Wells Fargo Initiates Coverage On Carlyle Group with Equal-Weight Rating, Announces Price Target of $42
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has initiated coverage on Carlyle Group with an Equal-Weight rating and set a price target of $42.
September 12, 2024 | 1:55 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Wells Fargo has initiated coverage on Carlyle Group with an Equal-Weight rating and a price target of $42, indicating a neutral stance on the stock.
The initiation of coverage by Wells Fargo with an Equal-Weight rating suggests a neutral outlook on Carlyle Group's stock. The price target of $42 indicates where Wells Fargo expects the stock to be valued, which may influence investor sentiment but does not suggest a strong buy or sell signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100