DA Davidson Maintains Neutral Rating for Summit Finl Gr: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
DA Davidson has maintained its Neutral rating for Summit Financial Group (NASDAQ:SMMF) and raised its price target from $25.00 to $27.00. Shares of SMMF are currently trading down 1.08% at $24.62 per share. A move to $27.00 would represent a 9.67% increase from the current share price.
August 29, 2023 | 5:01 pm
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DA Davidson has maintained its Neutral rating for SMMF and raised its price target. This could potentially lead to a 9.67% increase in the share price.
The raised price target by DA Davidson indicates a positive outlook for SMMF. This could potentially lead to an increase in the share price, making it an important piece of news for investors. However, the maintained Neutral rating suggests that there are still some uncertainties.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100