Keefe, Bruyette & Woods Downgrades CB Financial Services to Market Perform, Announces $25 Price Target
Portfolio Pulse from richadhand@benzinga.com
Keefe, Bruyette & Woods analyst Michael Perito has downgraded CB Financial Services (NASDAQ:CBFV) from Outperform to Market Perform and set a price target of $25.
August 16, 2023 | 8:53 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
CB Financial Services has been downgraded by Keefe, Bruyette & Woods from Outperform to Market Perform with a price target of $25.
The downgrade from Outperform to Market Perform by Keefe, Bruyette & Woods 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 $25 also provides a benchmark for investors, which could influence trading decisions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100