Wedbush Maintains Neutral on Prosperity Bancshares, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini has maintained a Neutral rating on Prosperity Bancshares (NYSE:PB) and lowered the price target from $58 to $55.
October 26, 2023 | 1:04 pm
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Wedbush has maintained a Neutral rating on Prosperity Bancshares and lowered the price target from $58 to $55.
The news directly pertains to Prosperity Bancshares as the analyst from Wedbush has maintained a Neutral rating on the company and lowered the price target. This could potentially impact the stock's performance in the short term as investors adjust their expectations based on the new price target. However, the Neutral rating suggests that the analyst does not expect significant price movement in either direction.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100