Stephens & Co. Reiterates Overweight on South Atlantic Bancshares, Maintains $15 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Thomas Wendler has reiterated an 'Overweight' rating on South Atlantic Bancshares (OTC:SABK) and maintained a $15 price target.
July 26, 2023 | 3:44 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
South Atlantic Bancshares (OTC:SABK) has been reiterated as 'Overweight' by Stephens & Co. with a maintained price target of $15.
The reiteration of an 'Overweight' rating by Stephens & Co. indicates a positive outlook for South Atlantic Bancshares. The maintained price target of $15 suggests that the analyst believes the stock is still undervalued, which could lead to upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100