Raymond James Maintains Outperform on Prosperity Bancshares, Raises Price Target to $68
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Michael Rose has maintained an 'Outperform' rating on Prosperity Bancshares (NYSE:PB) and raised the price target from $65 to $68.
July 27, 2023 | 8:52 am
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POSITIVE IMPACT
Raymond James has maintained an 'Outperform' rating on Prosperity Bancshares and raised the price target from $65 to $68, which could lead to a positive market reaction.
The 'Outperform' rating indicates that the analyst expects the stock to do better than the market average. The increase in the price target from $65 to $68 suggests that the analyst sees more upside potential in the stock, which could lead to a positive market reaction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100