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Wells Fargo cut its price target for OFG Bancorp from $55.00 to $53.00 per share.

OpinionRead the original at moomoo.com
Bad for OFG

Wells Fargo lowered its OFG share-price target from $55 to $53, signaling a less favorable view. It is an analyst opinion, not a reported change in OFG's business.

OFG · OFG Bancorp

AI read · Bad for OFG

The AI's read

The lower target points to less room for OFG shares in Wells Fargo's view. This is only an analyst's assessment, not news of a change in OFG's sales or profits, so the signal is limited.

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