Wells Fargo Maintains Equal-Weight on Elme, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Blaine Heck has maintained an Equal-Weight rating on Elme (NYSE:ELME) and raised the price target from $14 to $17.
September 13, 2024 | 8:25 pm
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Wells Fargo has maintained its Equal-Weight rating on Elme and increased the price target from $14 to $17, indicating a positive outlook.
The increase in price target from $14 to $17 by Wells Fargo suggests a positive outlook for Elme, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100