Keefe, Bruyette & Woods Maintains Market Perform on Live Oak Bancshares, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Michael Perito maintains a 'Market Perform' rating on Live Oak Bancshares (NYSE:LOB) and raises the price target from $24 to $36.
July 27, 2023 | 7:07 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Live Oak Bancshares' price target has been raised from $24 to $36 by Keefe, Bruyette & Woods, maintaining a 'Market Perform' rating.
The increase in price target indicates the analyst's positive outlook on the company's future performance. This could potentially lead to an increase in the stock's price in the short term as it signals to investors that the stock is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100