Piper Sandler Maintains Overweight on Bancorp, Raises Price Target to $46
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Frank Schiraldi has maintained an Overweight rating on Bancorp (NASDAQ:TBBK) and raised the price target from $42 to $46.
July 31, 2023 | 4:47 pm
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POSITIVE IMPACT
Piper Sandler has maintained an Overweight rating on Bancorp and raised the price target from $42 to $46, which could lead to a positive market reaction.
The raised price target by Piper Sandler indicates a positive outlook for Bancorp. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100