Stephens & Co. Reiterates Overweight on SmartFinancial, Maintains $25 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Matt Olney has reiterated an Overweight rating on SmartFinancial (NASDAQ:SMBK) and maintained a $25 price target.
July 25, 2023 | 12:17 pm
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SmartFinancial's stock rating has been reiterated as Overweight by Stephens & Co. with a maintained price target of $25.
The reiteration of an Overweight rating by Stephens & Co. indicates their positive outlook on SmartFinancial. This could potentially attract investors, driving the stock price up in the short term. The maintained price target of $25 also suggests that the analyst believes the stock is currently undervalued, which could further encourage investment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100