Piper Sandler Maintains Underweight on Territorial Bancorp, Raises Price Target to $11
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Andrew Liesch maintains an Underweight rating on Territorial Bancorp (NASDAQ:TBNK) and raises the price target from $10 to $11.
July 31, 2023 | 4:48 pm
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Piper Sandler maintains an Underweight rating on Territorial Bancorp and raises the price target from $10 to $11.
The news directly pertains to Territorial Bancorp (TBNK) as Piper Sandler maintains an Underweight rating on the company. The price target has been raised from $10 to $11, which indicates a potential upside. However, the Underweight rating suggests that the analyst believes the stock may underperform the market, which could have a neutral to negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100