DA Davidson Maintains Neutral on First Guaranty Bancshares, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Kevin Fitzsimmons has maintained a Neutral rating on First Guaranty Bancshares (NASDAQ:FGBI) and lowered the price target from $13.5 to $13.
July 12, 2023 | 2:39 pm
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NEUTRAL IMPACT
DA Davidson has maintained a Neutral rating on First Guaranty Bancshares and lowered the price target from $13.5 to $13.
The news directly pertains to First Guaranty Bancshares (FGBI). The lowered price target could indicate a less optimistic outlook for the company, but the maintained Neutral rating suggests that the analyst does not expect significant changes in the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100