Stephens & Co. Maintains Equal-Weight on Bank of Marin, Raises Price Target to $22
Portfolio Pulse from jenniferd'souza@benzinga.com
Stephens & Co. analyst Andrew Terrell maintains an Equal-Weight rating on Bank of Marin (NASDAQ:BMRC) and raises the price target from $18 to $22.
July 28, 2023 | 4:51 pm
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Bank of Marin's price target has been raised from $18 to $22 by Stephens & Co. The rating remains at Equal-Weight.
The increase in price target indicates that the analyst sees potential for the stock's price to rise in the future. This could lead to increased investor interest and potentially a rise in the stock's price in the short term. The Equal-Weight rating suggests that the stock is expected to perform in line with the market or other stocks in its sector.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100