Raymond James Maintains Strong Buy on Old Second Bancorp, Raises Price Target to $19
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst David Long has maintained a Strong Buy rating on Old Second Bancorp (NASDAQ:OSBC) and raised the price target from $18 to $19.
July 21, 2023 | 11:27 am
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POSITIVE IMPACT
Old Second Bancorp's price target has been raised from $18 to $19 by Raymond James, with a maintained Strong Buy rating.
The news of a price target increase and maintained Strong Buy rating by a reputable analyst is likely to have a positive impact on Old Second Bancorp's stock price in the short term. Investors often react positively to such news, which can drive up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100