WTW Stock Price Target Raised by Jefferies – An Optimistic Outlook
Jefferies upgrades WTW (NASDAQ:WTW) from “Hold” to “Buy” with a new price target of $382.
WTW’s stock price has the potential to rise by approximately 22.83% to reach the new target.
The company’s market capitalization stands at approximately $31.3 billion, indicating its significant presence in the market.
WTW, trading on the NASDAQ under the symbol WTW, is a company that has recently caught the attention of analysts. On December 19, 2024, Yaron Kinar from Jefferies set a new price target for WTW at $382, up from the previous target of $352. This change reflects a more optimistic view of the company’s future prospects, as highlighted by TheFly.
At the time of the announcement, WTW’s stock price was $311, suggesting a potential upside of approximately 22.83% to reach the new target. This potential growth has led Jefferies to upgrade WTW shares from a “Hold” to a “Buy” rating. The stock has seen a recent increase of $3.45, or 1.12%, indicating positive market sentiment.
WTW’s stock price has shown some volatility, with a daily range between $306.51 and $312.45. Over the past year, the stock has fluctuated significantly, reaching a high of $334.99 and a low of $234.88. This volatility may present opportunities for investors looking to capitalize on price movements.
The company’s market capitalization is approximately $31.3 billion, reflecting its substantial size in the market. With a trading volume of 725,504 shares, WTW is actively traded, which can provide liquidity for investors. The recent upgrade by Jefferies may further influence trading activity and investor interest in the stock.