Raymond James Maintains Outperform on Amerant Bancorp, Lowers Price Target to $24
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Michael Rose maintains an Outperform rating on Amerant Bancorp (NASDAQ:AMTB) and lowers the price target from $26 to $24.
June 16, 2023 | 11:25 am
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Raymond James maintains an Outperform rating on Amerant Bancorp (NASDAQ:AMTB) and lowers the price target from $26 to $24.
The news of Raymond James maintaining an Outperform rating on Amerant Bancorp (NASDAQ:AMTB) and lowering the price target from $26 to $24 may not have a significant short-term impact on the stock price. However, it indicates that the analyst still believes in the company's potential for growth, albeit with a slightly lower price target. This could influence investor sentiment and potentially affect the stock price in the medium to long term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100