JP Morgan Maintains Neutral on Live Oak Bancshares, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Steven Alexopoulos maintains a Neutral rating on Live Oak Bancshares (NYSE:LOB) and raises the price target from $32 to $40.
July 27, 2023 | 2:05 pm
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NEUTRAL IMPACT
JP Morgan maintains a Neutral rating on Live Oak Bancshares and raises the price target from $32 to $40.
The news is directly about Live Oak Bancshares. JP Morgan's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $32 to $40 suggests a positive outlook in the longer term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100