Stephens & Co. Downgrades MainStreet Bancshares to Equal-Weight, Announces $24 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Matt Breese has downgraded MainStreet Bancshares (NASDAQ:MNSB) from Overweight to Equal-Weight and set a price target of $24.
July 25, 2023 | 2:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
MainStreet Bancshares has been downgraded by Stephens & Co. from Overweight to Equal-Weight, with a new price target of $24.
The downgrade from Overweight to Equal-Weight by Stephens & Co. indicates a less optimistic outlook for MainStreet Bancshares. This could potentially lead to a decrease in the stock's price in the short term. The new price target of $24 also provides a benchmark for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100