Allspring Raises Popular Stake 269.4% in Q3; Wells Fargo Cuts Price Target to $135

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Allspring Global Investments boosted Popular’s position by 269.4% in Q3, acquiring an additional 15,338 shares to hold 21,032 shares valued at $2.63 million. Analysts set a consensus price target of $133.78 after Wells Fargo cut its Popular target from $150 to $135 and Truist initiated coverage at $153.

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