Stephens & Co. Maintains Equal-Weight on Amerant Bancorp, Raises Price Target to $22
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Matt Olney maintains an Equal-Weight rating on Amerant Bancorp (NASDAQ:AMTB) and raises the price target from $20 to $22.
July 24, 2023 | 12:47 pm
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Amerant Bancorp's price target has been raised from $20 to $22 by Stephens & Co. The rating remains at Equal-Weight.
The news directly pertains to Amerant Bancorp (AMTB). The increase in price target by Stephens & Co. indicates a positive outlook for the stock, which could lead to an increase in its price in the short term. The Equal-Weight rating suggests that the stock is expected to perform in line with the market or other stocks in its sector.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100