Stephens & Co. Reiterates Overweight on First Busey, Maintains $23 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Terry McEvoy has reiterated an Overweight rating on First Busey (NASDAQ:BUSE) and maintained a price target of $23.
November 28, 2023 | 3:45 pm
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Stephens & Co. analyst reaffirms Overweight rating on First Busey with a $23 price target, indicating a positive outlook on the stock.
The reiteration of an Overweight rating by a respected analyst firm like Stephens & Co. typically signals confidence in the company's future performance and can positively influence investor sentiment. The maintenance of the $23 price target suggests that the analyst believes the stock has the potential to reach or exceed this level in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100