Raymond James Initiates Coverage On Flushing Financial with Outperform Rating, Announces Price Target of $17
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Steve Moss has initiated coverage on Flushing Financial (NASDAQ:FFIC) with an Outperform rating and a price target of $17.
August 31, 2023 | 11:18 am
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Flushing Financial has been given an Outperform rating and a price target of $17 by Raymond James.
The Outperform rating from Raymond James indicates that the analyst expects Flushing Financial to do better than the market average or its peers. This could potentially attract more investors to the stock, driving up its price in the short term. The price target of $17 also suggests that the analyst believes the stock is undervalued at its current price, which could further drive demand for the stock.
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