Raymond James Maintains Outperform on Banner, Lowers Price Target to $50
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst David Feaster has maintained an 'Outperform' rating on Banner Corporation (NASDAQ:BANR), but lowered the price target from $58 to $50.

July 21, 2023 | 8:25 am
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Raymond James has maintained an 'Outperform' rating on Banner Corporation but lowered the price target from $58 to $50.
The news is directly related to Banner Corporation (BANR). While the 'Outperform' rating is maintained, the lowering of the price target could indicate a potential downside, which might impact investor sentiment and the stock's short-term performance. However, the overall impact is neutral as the 'Outperform' rating suggests that the analyst still expects the stock to do better than the market average.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100