Keefe, Bruyette & Woods Maintains Market Perform on Luther Burbank, Lowers Price Target to $12.75
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Jacquelynne Bohlen maintains a Market Perform rating on Luther Burbank (NASDAQ:LBC) and lowers the price target from $13.5 to $12.75.

May 18, 2023 | 12:14 pm
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Keefe, Bruyette & Woods maintains a Market Perform rating on Luther Burbank and lowers the price target from $13.5 to $12.75.
The lowered price target by Keefe, Bruyette & Woods analyst Jacquelynne Bohlen may have a negative short-term impact on Luther Burbank's stock price. The Market Perform rating suggests that the stock is expected to perform in line with the market, but the reduced price target indicates a lower potential upside.
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IMPORTANCE 80
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