Piper Sandler Assumes Capital Bancorp at Overweight, Announces Price Target of $22
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Nicholas Cucharale assumes Capital Bancorp (NASDAQ:CBNK) with an Overweight rating and announces a price target of $22.
June 13, 2023 | 9:42 am
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Piper Sandler analyst Nicholas Cucharale gives Capital Bancorp an Overweight rating and a price target of $22.
The Overweight rating and price target of $22 by Piper Sandler analyst Nicholas Cucharale indicate a positive outlook for Capital Bancorp's stock. This news is likely to have a positive impact on the stock price in the short term as it suggests that the analyst believes the stock is undervalued and has potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100