Wells Fargo shares are trading higher after Evercore ISI Group maintained an Outperform rating on the stock and raised its price target from $68 to $71.
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo shares are trading higher following Evercore ISI Group's decision to maintain an Outperform rating and raise the price target from $68 to $71.
October 14, 2024 | 2:31 pm
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POSITIVE IMPACT
Evercore ISI Group has maintained an Outperform rating on Wells Fargo and increased its price target from $68 to $71, leading to a rise in the stock's trading price.
The increase in price target and maintained Outperform rating by Evercore ISI Group is a positive signal to investors, likely leading to increased buying interest and a rise in Wells Fargo's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100