Wells Fargo Maintains Equal-Weight on Accolade, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Stan Berenshteyn has maintained an Equal-Weight rating on Accolade (NASDAQ:ACCD) but has lowered the price target from $7 to $6.
October 11, 2024 | 1:04 pm
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Wells Fargo has maintained its Equal-Weight rating on Accolade but reduced the price target from $7 to $6, indicating a more cautious outlook.
The lowering of the price target by Wells Fargo suggests a more cautious outlook on Accolade's stock performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations based on the new target.
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