Piper Sandler Maintains Neutral Rating for Univest Financial: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Piper Sandler has maintained its Neutral rating for Univest Financial (NASDAQ:UVSP) but lowered its price target from $18.00 to $17.00. Univest Financial's shares are currently trading at $17.20, and a move to $17.00 would represent a 1.16% decrease from the current share price.
October 27, 2023 | 5:00 pm
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Piper Sandler has maintained its Neutral rating for Univest Financial but lowered its price target. This could potentially lead to a decrease in the stock's price.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, Piper Sandler's decision to lower its price target for Univest Financial could lead to a decrease in the stock's price as it may signal a less optimistic outlook for the company.
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IMPORTANCE 80
RELEVANCE 100