Raymond James Maintains Outperform on First Business Finl Servs, Raises Price Target to $40
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Daniel Tamayo has maintained an 'Outperform' rating on First Business Financial Services (NASDAQ:FBIZ) and raised the price target from $36 to $40.
July 31, 2023 | 11:39 am
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POSITIVE IMPACT
Raymond James has maintained an 'Outperform' rating on FBIZ and raised the price target from $36 to $40, indicating a positive outlook for the stock.
The 'Outperform' rating maintained by Raymond James indicates that they expect FBIZ to do better than the market average. The increase in price target from $36 to $40 suggests that they believe the stock has potential for further growth. This is likely to have a positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100