Truist Securities Maintains Buy on Live Oak Bancshares, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jennifer Demba has reaffirmed a Buy rating on Live Oak Bancshares (NYSE:LOB) and increased the price target from $35 to $50.
December 15, 2023 | 3:54 pm
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POSITIVE IMPACT
Truist Securities analyst Jennifer Demba maintains a Buy rating on Live Oak Bancshares and raises the price target from $35 to $50.
The reaffirmation of a Buy rating combined with a significant increase in the price target from $35 to $50 by Truist Securities is a strong positive signal to the market, suggesting a bullish outlook on Live Oak Bancshares. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100