Stephens & Co. Maintains Overweight on Banner, Lowers Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Andrew Terrell maintains an Overweight rating on Banner (NASDAQ:BANR) but lowers the price target from $54 to $51.

October 20, 2023 | 3:42 pm
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Banner's price target has been lowered from $54 to $51 by Stephens & Co., though the Overweight rating is maintained.
The lowering of the price target by Stephens & Co. could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained Overweight rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
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