Piper Sandler Maintains Neutral on City Holding, Raises Price Target to $103
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Casey Orr Whitman maintains a Neutral rating on City Holding (NASDAQ:CHCO) and raises the price target from $93 to $103.
July 31, 2023 | 7:48 pm
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NEUTRAL IMPACT
Piper Sandler has maintained a Neutral rating on City Holding and raised the price target from $93 to $103.
The news is directly about City Holding (CHCO). 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 from $93 to $103 suggests a positive outlook in the longer term. This could potentially attract investors, but the immediate impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100