Wells Fargo Initiates Coverage On Outfront Media with Overweight Rating, Announces Price Target of $22
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has initiated coverage on Outfront Media with an Overweight rating and set a price target of $22.
September 19, 2024 | 1:52 pm
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Wells Fargo has initiated coverage on Outfront Media with an Overweight rating and a price target of $22, indicating a positive outlook.
The initiation of coverage with an Overweight rating by a major financial institution like Wells Fargo is a strong positive signal for Outfront Media. The price target of $22 suggests potential upside, which is likely to attract investor interest and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100