Stephens & Co. Reiterates Overweight on First Busey, Maintains $24 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Terry McEvoy has reiterated an Overweight rating on First Busey (NASDAQ:BUSE) and maintained a $24 price target.
July 26, 2023 | 3:08 pm
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First Busey's stock rating has been reiterated as Overweight by Stephens & Co. with a maintained price target of $24.
The reiteration of an Overweight rating by Stephens & Co. indicates their positive outlook on First Busey's stock. This could potentially attract investors, driving the stock price up in the short term. The maintained price target of $24 also suggests that the analysts believe the stock is currently undervalued, which could further encourage investment.
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IMPORTANCE 80
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