Piper Sandler Maintains Underweight on Community Bank System, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Twerdahl has maintained an Underweight rating on Community Bank System (NYSE:CBU) and lowered the price target from $42 to $38.
October 25, 2023 | 7:27 pm
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Piper Sandler has maintained an Underweight rating on Community Bank System and lowered the price target from $42 to $38, which could negatively impact the stock's price.
The lowering of the price target by Piper Sandler indicates a bearish outlook for Community Bank System. This could lead to a decrease in the stock's price as investors adjust their expectations based on the new price target.
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