Performance Food Group shares are trading higher after Wells Fargo maintained an Overweight rating on the stock and raised its price target from $83 to $88.
Portfolio Pulse from Benzinga Newsdesk
Performance Food Group shares rose following Wells Fargo's decision to maintain an Overweight rating and increase the price target from $83 to $88.
October 09, 2024 | 4:27 pm
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POSITIVE IMPACT
Performance Food Group's stock price increased after Wells Fargo reaffirmed its Overweight rating and raised the price target from $83 to $88.
The increase in price target and maintained Overweight rating by Wells Fargo is a positive signal to investors, likely leading to increased buying interest and a short-term rise in PFGC's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100