DA Davidson Maintains Neutral Rating for Bank of Marin: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
DA Davidson has maintained its Neutral rating for Bank of Marin (NASDAQ:BMRC) and increased its price target from $20.00 to $21.00. The bank's shares are currently trading down 2.07% at $19.91 per share. A move to $21.00 would represent a 5.47% increase from the current share price.
July 25, 2023 | 5:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
DA Davidson has maintained its Neutral rating for Bank of Marin and raised its price target. This could potentially lead to a positive impact on the bank's stock in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, DA Davidson's decision to maintain a Neutral rating and raise the price target for Bank of Marin could potentially lead to increased investor confidence and a positive impact on the bank's stock in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100