Seaport Global Initiates Coverage On Berkshire Hills Bancorp with Sell Rating, Announces Price Target of $16
Portfolio Pulse from Benzinga Newsdesk
Seaport Global has initiated coverage on Berkshire Hills Bancorp (NYSE:BHLB) with a Sell rating and a price target of $16.
September 12, 2023 | 11:30 am
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Berkshire Hills Bancorp has been given a Sell rating by Seaport Global with a price target of $16.
The Sell rating from Seaport Global indicates a negative outlook for Berkshire Hills Bancorp. The price target of $16 also suggests that the analyst believes the stock is currently overvalued. This could lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100