Citigroup Initiates Coverage On Old National with Buy Rating, Announces Price Target of $17
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ben Gerlinger has initiated coverage on Old National (NASDAQ:ONB) with a Buy rating and set a price target of $17.

December 01, 2023 | 10:23 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Citigroup analyst Ben Gerlinger initiated coverage on Old National with a Buy rating and a price target of $17.
Analyst ratings, especially from major financial institutions like Citigroup, can significantly influence investor sentiment and stock prices. A Buy rating typically suggests that the analyst sees the stock as undervalued or expects strong performance in the near future. The announcement of a price target above the current market price can also lead to increased investor interest and upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100