B. Riley Securities Reinstates Buy on Customers Bancorp, Announces $62 Price Target
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Hal Goetsch has reinstated a Buy rating on Customers Bancorp (NYSE:CUBI) and set a price target of $62.
December 06, 2023 | 3:22 pm
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B. Riley Securities analyst Hal Goetsch reinstated Customers Bancorp with a Buy rating and a price target of $62.
The reinstatement of a Buy rating and the announcement of a $62 price target by a reputable analyst like Hal Goetsch could lead to increased investor confidence and a potential short-term rise in CUBI's stock price. The specific mention of the company and the optimistic price target suggest a strong positive sentiment towards the stock.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100