Hovde Group Initiates Coverage On Brookline Bancorp with Outperform Rating, Announces Price Target of $10.75
Portfolio Pulse from Benzinga Newsdesk
Hovde Group analyst Nick Cucharale has initiated coverage on Brookline Bancorp (NASDAQ:BRKL) with an Outperform rating and a price target of $10.75.
September 20, 2023 | 10:17 am
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Brookline Bancorp has been given an Outperform rating by Hovde Group, with a price target of $10.75.
The Outperform rating from Hovde Group indicates that they expect Brookline Bancorp's stock to do better than the market average. This is likely to attract investors, potentially driving the stock price up in the short term. The price target of $10.75 also suggests that Hovde Group sees potential for growth in the stock's value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100