Stephens & Co. Reiterates Overweight on Preferred Bank, Maintains $64 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Andrew Terrell has reiterated an Overweight rating on Preferred Bank (NASDAQ:PFBC) and maintained a $64 price target.
July 20, 2023 | 12:51 pm
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Preferred Bank's stock rating has been reiterated as Overweight by Stephens & Co. with a maintained price target of $64.
The reiteration of an Overweight rating by Stephens & Co. indicates their positive outlook on Preferred Bank. This could potentially attract investors and drive the stock price up in the short term. The maintained price target of $64 also suggests that the analyst believes the stock is currently undervalued.
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IMPORTANCE 80
RELEVANCE 100