Citigroup Initiates Coverage On Popular with Buy Rating, Announces Price Target of $86
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ben Gerlinger has initiated coverage on Popular (NASDAQ:BPOP) with a Buy rating and set a price target of $86.
December 01, 2023 | 10:28 am
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Citigroup analyst Ben Gerlinger initiated coverage on Popular with a Buy rating and a price target of $86, which could positively influence the stock's performance.
Analyst coverage, especially from a major bank like Citigroup, can significantly influence investor sentiment. A Buy rating combined with a high price target suggests Citigroup's positive outlook on BPOP's future performance, which may lead to increased investor interest and a potential rise in the stock price in the short term.
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