Wells Fargo Maintains Equal-Weight on Runway Gwth Fin, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Finian O'Shea has maintained an Equal-Weight rating on Runway Growth Finance (NASDAQ:RWAY) but has lowered the price target from $11 to $10.
October 29, 2024 | 2:34 pm
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Wells Fargo has maintained its Equal-Weight rating on Runway Growth Finance but reduced the price target from $11 to $10, indicating a slightly less optimistic outlook.
The lowering of the price target from $11 to $10 by Wells Fargo suggests a less optimistic view on RWAY's short-term performance, which could lead to a negative impact on the stock price. The Equal-Weight rating indicates a neutral stance, but the reduced price target is a bearish signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100