Piper Sandler Maintains Neutral on United Community Banks, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Stephen Scouten has maintained a Neutral rating on United Community Banks (NASDAQ:UCBI) and increased the price target from $27 to $28.
December 29, 2023 | 3:15 pm
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Piper Sandler has maintained a Neutral rating on United Community Banks but raised the price target from $27 to $28.
The increase in the price target by Piper Sandler suggests a positive outlook on the stock's value, which could lead to a short-term increase in investor confidence and potentially a rise in the stock price. However, since the rating remains Neutral, the impact may be moderate rather than significant.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100