Piper Sandler Maintains Overweight on Capital Bancorp, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Nicholas Cucharale has maintained an Overweight rating on Capital Bancorp (NASDAQ:CBNK) and raised the price target from $23 to $25.
October 25, 2023 | 7:13 pm
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Piper Sandler's Overweight rating on Capital Bancorp is maintained and the price target is raised from $23 to $25.
The news is directly about Capital Bancorp. Piper Sandler's decision to maintain an Overweight rating and raise the price target indicates a positive outlook for the company's stock. This could lead to increased investor interest and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100