Wells Fargo Maintains Equal-Weight on WEX, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Andrew Bauch has maintained an Equal-Weight rating on WEX (NYSE:WEX) but has lowered the price target from $200 to $180.
October 25, 2024 | 1:15 pm
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Wells Fargo has maintained its Equal-Weight rating on WEX but reduced the price target from $200 to $180, indicating a more cautious outlook.
The reduction in the price target from $200 to $180 by Wells Fargo suggests a less optimistic view on WEX's future performance, which could lead to a short-term negative impact on the stock price.
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