Piper Sandler Maintains Overweight on California Bancorp, Raises Price Target to $23
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Nicholas Cucharale has maintained an Overweight rating on California Bancorp (NASDAQ:CALB) and raised the price target from $19 to $23.
July 31, 2023 | 3:48 pm
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POSITIVE IMPACT
Piper Sandler's raised price target for California Bancorp suggests a positive outlook for the company's stock.
The raised price target by Piper Sandler indicates their belief in the company's potential for growth. This could lead to increased investor confidence and a potential rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100