Phillip Securities Upgrades Wells Fargo to Accumulate, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Phillip Securities has upgraded Wells Fargo from Neutral to Accumulate and increased the price target from $60.83 to $65.
October 15, 2024 | 3:34 pm
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Phillip Securities has upgraded Wells Fargo from Neutral to Accumulate, raising the price target to $65, indicating a positive outlook.
The upgrade from Neutral to Accumulate suggests increased confidence in Wells Fargo's performance, and the raised price target to $65 indicates expectations of stock price appreciation. This is likely to positively impact WFC's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100