JP Morgan Upgrades Live Oak Bancshares to Overweight, Announces $40 Price Target
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Steven Alexopoulos has upgraded Live Oak Bancshares (NYSE:LOB) from Neutral to Overweight and set a price target of $40.
October 05, 2023 | 10:12 am
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Live Oak Bancshares has been upgraded to Overweight from Neutral by JP Morgan, with a new price target of $40.
The upgrade from JP Morgan, a major financial institution, is a positive signal for Live Oak Bancshares. The new price target of $40 suggests a bullish outlook for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100