Stephens & Co. Reiterates Overweight on Old Second Bancorp, Maintains $18 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Terry McEvoy has reiterated an Overweight rating on Old Second Bancorp (NASDAQ:OSBC) and maintained a price target of $18.
July 20, 2023 | 12:51 pm
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Old Second Bancorp's stock rating has been reiterated as Overweight by Stephens & Co. with a maintained price target of $18.
The reiteration of an Overweight rating by Stephens & Co. indicates a positive outlook for Old Second Bancorp. The maintained price target of $18 suggests that the analyst believes the stock is still undervalued, which could lead to upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100