Piper Sandler Maintains Neutral on ACNB, Raises Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Justin Crowley has maintained a Neutral rating on ACNB Corporation (NASDAQ:ACNB) and increased the price target from $43 to $49.
December 18, 2023 | 2:11 pm
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Piper Sandler has maintained a Neutral rating on ACNB Corporation but raised the price target from $43 to $49, indicating a positive outlook on the stock's value.
The increase in price target by Piper Sandler suggests an improved valuation assessment of ACNB Corporation, which could lead to increased investor confidence and a potential rise in the stock price in the short term. The Neutral rating indicates that the analyst does not see significant catalysts for movement beyond the new target price at this time.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100