DA Davidson Maintains Buy on Peoples Bancorp, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Russell Gunther maintains a Buy rating on Peoples Bancorp (NASDAQ:PEBO) and raises the price target from $32 to $35.
June 12, 2023 | 1:13 pm
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DA Davidson analyst Russell Gunther maintains a Buy rating on Peoples Bancorp and raises the price target from $32 to $35.
The news of DA Davidson maintaining a Buy rating and raising the price target for Peoples Bancorp (PEBO) from $32 to $35 is positive for the stock. This indicates that the analyst has confidence in the company's performance and growth potential, which could lead to increased investor interest and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100