Wells Fargo Maintains Equal-Weight on Amcor, Raises Price Target to $10.8
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Gabe Hajde has maintained an Equal-Weight rating on Amcor (NYSE:AMCR) and raised the price target from $10.5 to $10.8.
October 15, 2024 | 1:50 pm
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Wells Fargo has maintained its Equal-Weight rating on Amcor and increased the price target from $10.5 to $10.8, indicating a slightly positive outlook.
The increase in price target from $10.5 to $10.8 by Wells Fargo suggests a slightly positive sentiment towards Amcor's stock. Maintaining the Equal-Weight rating indicates that the stock is expected to perform in line with the market. The change in price target could lead to a minor positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100