Stephens & Co. Reiterates Equal-Weight on Amerant Bancorp, Maintains $20 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Matt Olney has reiterated an Equal-Weight rating on Amerant Bancorp (NASDAQ: AMTB) and maintained a $20 price target.
July 21, 2023 | 1:09 pm
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Amerant Bancorp's stock rating has been reiterated as Equal-Weight by Stephens & Co. with a maintained price target of $20.
The reiteration of the Equal-Weight rating and the maintenance of the $20 price target by Stephens & Co. indicates that the analyst sees the stock as fairly valued at its current price. This is likely to have a neutral impact on the stock's price in the short term as it does not suggest any significant changes in the company's valuation.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100