Janney Montgomery Scott Initiates Coverage On CB Financial Services with Neutral Rating, Announces Price Target of $25
Portfolio Pulse from Benzinga Newsdesk
Janney Montgomery Scott analyst Daniel Cardenas has initiated coverage on CB Financial Services (NASDAQ:CBFV) with a Neutral rating and set a price target of $25.

December 08, 2023 | 1:46 pm
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NEUTRAL IMPACT
CB Financial Services has been given a Neutral rating and a price target of $25 by Janney Montgomery Scott analyst Daniel Cardenas.
The initiation of coverage by an analyst typically brings a stock into focus for investors, but a Neutral rating suggests that the analyst sees the stock performing in line with the market or sector. Therefore, the short-term impact on the stock price is likely to be minimal. The price target of $25 provides a reference point for investors but does not imply significant upside or downside from the current trading price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100