DA Davidson Maintains Neutral on Alerus Finl, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Jeffrey Rulis maintains a Neutral rating on Alerus Finl (NASDAQ:ALRS) and raises the price target from $20 to $21.

July 31, 2023 | 7:38 pm
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NEUTRAL IMPACT
DA Davidson analyst maintains a Neutral rating on Alerus Finl and raises the price target from $20 to $21.
The news is directly about Alerus Finl. The analyst from DA Davidson maintains a Neutral rating, indicating no significant change in the company's outlook. However, the increase in price target from $20 to $21 suggests a slightly positive sentiment towards the stock. This could potentially lead to a slight increase in the stock price, but the impact is likely to be limited due to the Neutral rating.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100