Stephens & Co. Maintains Overweight on First Bancshares, Raises Price Target to $38
Portfolio Pulse from jenniferd'souza@benzinga.com
Stephens & Co. analyst Matt Olney maintains an Overweight rating on First Bancshares (NASDAQ:FBMS) and raises the price target from $32 to $38.
July 28, 2023 | 3:52 pm
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First Bancshares' price target has been raised from $32 to $38 by Stephens & Co., maintaining an Overweight rating.
The raised price target indicates the analyst's increased confidence in the company's performance. This could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100