Stephens & Co. Downgrades Heritage Commerce to Equal-Weight, Announces $10 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Andrew Terrell has downgraded Heritage Commerce (NASDAQ:HTBK) from Overweight to Equal-Weight and set a price target of $10.

August 11, 2023 | 1:44 pm
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Heritage Commerce has been downgraded by Stephens & Co. from Overweight to Equal-Weight with a price target of $10.
The downgrade from Overweight to Equal-Weight by Stephens & Co. indicates a less optimistic outlook for the company's stock. This could potentially lead to a decrease in the stock's price in the short term. The price target of $10 also provides a benchmark for investors, which could influence trading decisions.
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IMPORTANCE 80
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