Wells Fargo Maintains Equal-Weight on WEX, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Andrew Bauch maintains an Equal-Weight rating on WEX and raises the price target from $190 to $200.
October 21, 2024 | 3:07 pm
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POSITIVE IMPACT
Wells Fargo has maintained its Equal-Weight rating on WEX while increasing the price target from $190 to $200, indicating a positive outlook.
The increase in price target from $190 to $200 by Wells Fargo suggests a positive outlook for WEX, which could lead to a short-term price increase. The maintained Equal-Weight rating indicates a balanced view, but the raised target shows confidence in potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100