Piper Sandler Maintains Neutral on HomeStreet, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Matthew Clark maintains a Neutral rating on HomeStreet (NASDAQ:HMST) and raises the price target from $7 to $10.
August 04, 2023 | 1:54 pm
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NEUTRAL IMPACT
Piper Sandler has maintained a Neutral rating on HomeStreet and raised the price target from $7 to $10.
The news is directly about HomeStreet. 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 $7 to $10 suggests a positive long-term outlook. This could potentially attract investors, but the immediate impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100