Wells Fargo Maintains Equal-Weight on Banc of California, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Timur Braziler has maintained an Equal-Weight rating on Banc of California (NYSE:BANC) and raised the price target from $15 to $16.
October 01, 2024 | 7:37 pm
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Wells Fargo has maintained its Equal-Weight rating on Banc of California and increased the price target from $15 to $16, indicating a slightly positive outlook.
The increase in price target from $15 to $16 by Wells Fargo suggests a slightly positive outlook for Banc of California, which could lead to a short-term increase in stock price. The Equal-Weight rating indicates a neutral stance, but the raised target price is a positive signal.
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IMPORTANCE 80
RELEVANCE 100