Piper Sandler Maintains Overweight on Evans Bancorp, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Twerdahl has maintained an Overweight rating on Evans Bancorp (AMEX:EVBN) but lowered the price target from $30 to $29.
October 27, 2023 | 4:29 pm
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NEUTRAL IMPACT
Piper Sandler has maintained an Overweight rating on Evans Bancorp but lowered the price target from $30 to $29.
The news is directly about Evans Bancorp and is likely to influence investor sentiment. The maintained Overweight rating indicates that Piper Sandler still sees the stock as a good investment, but the lowered price target may cause some investors to adjust their expectations for the stock's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100