Janney Montgomery Scott Downgrades WSFS Financial to Neutral
Portfolio Pulse from Benzinga Newsdesk
Janney Montgomery Scott has downgraded WSFS Financial from Buy to Neutral, indicating a change in the analyst's outlook on the company's stock.
October 28, 2024 | 11:53 am
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Janney Montgomery Scott has downgraded WSFS Financial from Buy to Neutral, suggesting a less optimistic view on the stock's potential performance.
The downgrade from Buy to Neutral by a reputable analyst firm like Janney Montgomery Scott typically indicates a less favorable outlook on the stock's short-term performance. This can lead to a decrease in investor confidence and potential selling pressure, negatively impacting the stock price.
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