Stephens & Co. Maintains Overweight on Origin Bancorp, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Matt Olney maintains an Overweight rating on Origin Bancorp (NYSE:OBK) but lowers the price target from $35 to $34.
October 27, 2023 | 2:35 pm
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NEUTRAL IMPACT
Origin Bancorp's price target has been lowered from $35 to $34 by Stephens & Co., though the Overweight rating is maintained.
The news is directly about Origin Bancorp and its price target being lowered by Stephens & Co. This could potentially impact investor sentiment and the stock's price, but the maintained Overweight rating suggests that the analyst still sees the stock as a good investment. Therefore, the short-term impact on the stock's price is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100