Raymond James Maintains Strong Buy on Wintrust Finl, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst David Long has maintained a 'Strong Buy' rating on Wintrust Financial (NASDAQ:WTFC), but lowered the price target from $100 to $95.
October 19, 2023 | 1:22 pm
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NEUTRAL IMPACT
Despite a lowered price target, Wintrust Financial's 'Strong Buy' rating is maintained by Raymond James, indicating continued confidence in the company's performance.
The lowering of the price target might initially seem negative, but the maintenance of the 'Strong Buy' rating indicates that the analyst still has high confidence in the company's potential. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100