Compass Point Maintains Neutral on NewtekOne, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Merrill Ross has maintained a Neutral rating on NewtekOne (NASDAQ:NEWT) and raised the price target from $10.5 to $16.
August 30, 2023 | 3:37 pm
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NEUTRAL IMPACT
Compass Point has maintained a Neutral rating on NewtekOne and raised the price target from $10.5 to $16.
The news directly pertains to NewtekOne (NEWT) as the company's stock has been maintained at a Neutral rating by Compass Point. The price target has been raised from $10.5 to $16, indicating a positive outlook. However, the Neutral rating suggests that the stock is expected to perform in line with the market or sector in the short term, hence the score is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100