Piper Sandler Downgrades National Bankshares to Neutral, Lowers Price Target to $31
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Brandan Nosal has downgraded National Bankshares (NASDAQ:NKSH) from Overweight to Neutral and lowered the price target from $34 to $31.
July 24, 2023 | 10:04 am
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National Bankshares has been downgraded from Overweight to Neutral by Piper Sandler, with a lowered price target of $31.
The downgrade from Overweight to Neutral by Piper Sandler indicates a less optimistic outlook for the company. The lowering of the price target from $34 to $31 suggests that the analyst believes the stock is currently overvalued, which could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100