Piper Sandler Maintains Overweight Rating for First Interstate BancSys: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Piper Sandler has maintained its Overweight rating for First Interstate BancSys (NASDAQ:FIBK) but lowered its price target from $35.00 to $32.00. The current share price is $22.81, and a move to $32.00 would represent a 40.29% increase.
October 30, 2023 | 5:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Piper Sandler has maintained its Overweight rating for FIBK but lowered its price target. This could potentially lead to an increase in the stock's price.
Analyst ratings often influence investor sentiment. Piper Sandler's decision to maintain an Overweight rating indicates a positive outlook for FIBK. However, the lowering of the price target might indicate a slower growth rate than previously expected. This could lead to increased investor interest and a potential rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100