Piper Sandler Downgrades First Northwest Bancorp to Neutral, Lowers Price Target to $13
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Jeffrey Kitsis downgrades First Northwest Bancorp (NASDAQ:FNWB) from Overweight to Neutral and lowers the price target from $14 to $13.

June 09, 2023 | 9:06 am
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NEGATIVE IMPACT
Piper Sandler downgrades First Northwest Bancorp to Neutral and lowers the price target from $14 to $13.
The downgrade from Overweight to Neutral by Piper Sandler's analyst Jeffrey Kitsis indicates a less favorable outlook for FNWB. The lowered price target from $14 to $13 suggests a reduced potential upside for the stock, which may lead to short-term selling pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100