Wells Fargo Maintains Overweight on Shell, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read maintains an Overweight rating on Shell and raises the price target from $84 to $88.
October 08, 2024 | 12:48 pm
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Wells Fargo analyst Roger Read has maintained an Overweight rating on Shell and increased the price target from $84 to $88, indicating a positive outlook on the stock.
The increase in price target from $84 to $88 by Wells Fargo suggests a positive outlook on Shell's stock performance. The Overweight rating indicates that the analyst expects the stock to outperform the market. This is likely to have a positive short-term impact on Shell's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100