Wells Fargo Maintains Overweight on Globe Life, Raises Price Target to $117
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan maintains an Overweight rating on Globe Life (NYSE:GL) and raises the price target from $108 to $117.
October 10, 2024 | 3:06 pm
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Wells Fargo has reaffirmed its Overweight rating on Globe Life and increased the price target from $108 to $117, indicating a positive outlook on the stock.
The increase in price target from $108 to $117 by Wells Fargo suggests a positive outlook for Globe Life, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the stock's performance.
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IMPORTANCE 80
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