Wells Fargo lifts targets on DRH and APLE, keeps Terex rating unchanged
Wells Fargo raised its price target on Diamondrock to $14 and on Apple Hospitality REIT to $18, while keeping Terex at equal-weight.
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what happened
Wells Fargo raised its price target on Diamondrock to $14 from $13 per share and kept an equal-weight rating. The bank made a similar move on Apple Hospitality REIT, lifting its target to $18 from $17 with the rating unchanged.
For Terex, Wells Fargo reaffirmed its equal-weight rating without changing the price target. The rating actions are reported by Dow Jones Newswires, which cites Benzinga as its source.
why it matters
Changes like these are routine analyst updates and tend to move sentiment around individual stocks rather than the broader market. Investors are more likely to focus on sector trends and the reasons behind target changes, which these reports do not disclose.
tags
instruments
sources
- Diamondrock Is Maintained at Equal-Weight by Wells Fargo — Dow Jones Newswires, 26 October 2026 at 14:09 UTC
- Apple Hospitality REIT Is Maintained at Equal-Weight by Wells Fargo — Dow Jones Newswires, 26 October 2026 at 14:07 UTC
- Terex Is Maintained at Equal-Weight by Wells Fargo — Dow Jones Newswires, 26 October 2026 at 14:06 UTC
- Globant Is Maintained at Equal-Weight by Wells Fargo — Dow Jones Newswires, 26 October 2026 at 14:21 UTC
- Pebblebrook Hotel Trust Is Maintained at Equal-Weight by Wells Fargo — Dow Jones Newswires, 26 October 2026 at 14:18 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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