Is Now The Time To Buy Stock In Wells Fargo, GE Or Macy's?


One of the most common questions traders have about stocks is “Why Is It Moving?”

That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving.

Analysts and brokerage firms often use ratings when they issue stock recommendations to stock traders. Analysts arrive at stock ratings by researching public financial statements, communicating with executives and customers and following industry trends.

See also: How to Buy Wells Fargo Stock

Here are the latest analyst ratings and updates for Wells Fargo, GE and Macy's.

Wells Fargo & Co WFC shares are trading lower by 1.49% at $46.16 after UBS analyst Saul Martinez downgraded the stock from Buy to Neutral and raised the price target from $40 to $47.

General Electric Company GE shares are trading lower by 0.39% at $12.92 in Wednesday's premarket session after Barclays maintained with an Overweight and raised the price target from $15 to $16.

Macy's Inc M shares are trading lower by 0.68% at $18.96 after Telsey Advisory Group analyst Dana Telsey maintained with a Market Perform and raised the price target from $16 to $20.

Market News and Data brought to you by Benzinga APIs
Posted In: Long IdeasShort IdeasMoversTrading Ideaswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!