Piper Sandler Maintains Neutral on Alerus Finl, Raises Price Target to $21.5
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Nathan Race maintains a Neutral rating on Alerus Finl (NASDAQ:ALRS) and raises the price target from $20 to $21.5.
July 31, 2023 | 3:43 pm
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NEUTRAL IMPACT
Piper Sandler has maintained a Neutral rating on Alerus Finl and raised the price target from $20 to $21.5.
The news is directly about Alerus Finl. Piper Sandler's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target could suggest a slightly positive outlook, but it's not strong enough to change the score from neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100