Piper Sandler Maintains Underweight on BancFirst, Raises Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Nathan Race maintains an Underweight rating on BancFirst (NASDAQ:BANF) and raises the price target from $73 to $82.
July 24, 2023 | 3:58 pm
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Piper Sandler maintains an Underweight rating on BancFirst and raises the price target from $73 to $82.
The Underweight rating maintained by Piper Sandler suggests that the firm believes BancFirst's stock may underperform the market or its sector. However, the raised price target from $73 to $82 indicates an expected increase in the stock's value. The negative score is due to the Underweight rating, which typically suggests a bearish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100