RBC Capital Maintains Sector Perform on BankUnited, Raises Price Target to $29
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Jon Arfstrom has maintained a 'Sector Perform' rating on BankUnited (NYSE:BKU) and raised the price target from $25 to $29.
July 26, 2023 | 1:54 pm
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BankUnited's price target has been raised from $25 to $29 by RBC Capital, maintaining a 'Sector Perform' rating.
The increase in price target by RBC Capital indicates a positive outlook for BankUnited. This could potentially lead to an increase in the stock's price in the short term. The 'Sector Perform' rating suggests that the stock is expected to perform in line with the sector average, which is a neutral-to-positive signal for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100