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The initiation and sizable target gap are a clear positive analyst view, but the target is an opinion rather than a forecast guarantee.
What happened, with direct paths to the underlying reporting
Wolfe Research initiated coverage with an Outperform rating and a $47 target versus the listed $34.22 price, implying substantial stated upside.
Target: $47
Posted price: $34.22
Analyst firm: Wolfe Research
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