Wells Fargo Maintains Equal-Weight on UMB Financial, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Timur Braziler has maintained an Equal-Weight rating on UMB Financial and raised the price target from $107 to $120.
October 31, 2024 | 8:07 pm
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Wells Fargo has maintained its Equal-Weight rating on UMB Financial and increased the price target from $107 to $120, indicating a positive outlook.
The increase in price target from $107 to $120 by Wells Fargo suggests a positive outlook for UMB Financial, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100