Wells Fargo Upgrades AGNC Investment to Overweight, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has upgraded AGNC Investment from Equal-Weight to Overweight and increased its price target from $10 to $12.
September 20, 2024 | 12:47 pm
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Wells Fargo analyst Donald Fandetti has upgraded AGNC Investment from Equal-Weight to Overweight, raising the price target from $10 to $12.
The upgrade from Equal-Weight to Overweight by a major financial institution like Wells Fargo is likely to positively influence investor sentiment and increase buying interest in AGNC. The raised price target to $12 suggests confidence in the stock's potential upside.
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