Alert: Major Price Advance (11/6/24)-WesBanco Inc (NASDAQ: WSBC).

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WesBanco Inc (NASDAQ: WSBC) stock enjoyed a major increase of 13.8% on 11/6/24. The shares closed at $36.01. Moreover, trading volume in this advance was exceptionally high at 342% of normal. Relative to the market the stock has been strong over the last nine months and has risen 15.3% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, WSBC is expected to continue to be a modest Value Builder.

WesBanco has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. WesBanco has a good Power Rating of 78 and a very high Appreciation Score of 89, producing the Highest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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