Piper Sandler Maintains Overweight on Shore Bancshares, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Casey Orr Whitman has maintained an Overweight rating on Shore Bancshares (NASDAQ:SHBI) but lowered the price target from $22 to $16.
July 11, 2023 | 3:01 pm
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Piper Sandler has maintained an Overweight rating on Shore Bancshares but lowered the price target from $22 to $16.
The news is directly about Shore Bancshares. Piper Sandler's decision to maintain an Overweight rating indicates a positive outlook for the company. However, the lowering of the price target could create some uncertainty among investors, potentially leading to short-term volatility in the stock price.
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