Piper Sandler Maintains Overweight on NBT Bancorp, Raises Price Target to $42
Portfolio Pulse from jenniferd'souza@benzinga.com
Piper Sandler analyst Matthew Breese maintains an Overweight rating on NBT Bancorp (NASDAQ:NBTB) and raises the price target from $39 to $42.
August 15, 2023 | 2:49 pm
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POSITIVE IMPACT
Piper Sandler's raised price target for NBT Bancorp suggests a positive outlook for the company's stock.
The raised price target by Piper Sandler indicates their belief in the company's potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100