Piper Sandler Maintains Overweight on Pacific Premier Bancorp, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Matthew Clark has maintained an Overweight rating on Pacific Premier Bancorp (NASDAQ:PPBI) and increased the price target from $25 to $31, indicating a positive outlook on the stock.
November 21, 2023 | 6:38 pm
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Piper Sandler's analyst Matthew Clark reaffirmed an Overweight rating on Pacific Premier Bancorp and raised the price target from $25 to $31, suggesting confidence in the company's future performance.
The increase in price target by Piper Sandler reflects a positive assessment of Pacific Premier Bancorp's prospects, which is likely to be viewed favorably by investors. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100