Wells Fargo Maintains Equal-Weight on Stanley Black & Decker, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph O'Dea maintains an Equal-Weight rating on Stanley Black & Decker (NYSE:SWK) but lowers the price target from $104 to $100.
October 30, 2024 | 3:05 pm
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Wells Fargo has maintained its Equal-Weight rating on Stanley Black & Decker but has lowered the price target from $104 to $100, indicating a slightly less optimistic outlook.
The lowering of the price target by Wells Fargo suggests a slightly less optimistic view on Stanley Black & Decker's short-term performance, which could lead to a negative impact on the stock price.
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