Raymond James Maintains Outperform on QCR Hldgs, Raises Price Target to $60
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Daniel Tamayo has maintained an Outperform rating on QCR Holdings (NASDAQ:QCRH) and raised the price target from $53 to $60.
July 31, 2023 | 8:35 am
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The Outperform rating maintained by Raymond James and the raised price target could potentially lead to an increase in QCR Holdings' stock price.
Analyst ratings and price targets can significantly influence investor sentiment. The Outperform rating indicates that the analyst expects the stock to do better than the market average. The raised price target suggests that the analyst sees further upside potential for the stock, which could attract more investors and drive the stock price up.
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