DA Davidson Maintains Neutral on Capital City Bank Group, Lowers Price Target to $32.5
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Kevin Fitzsimmons has maintained a Neutral rating on Capital City Bank Group (NASDAQ:CCBG) but lowered the price target from $34 to $32.5.
January 02, 2024 | 1:50 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Capital City Bank Group's price target has been reduced from $34 to $32.5 by DA Davidson, although the Neutral rating is maintained.
The reduction in price target by DA Davidson suggests a lower valuation for Capital City Bank Group, which could lead to a negative perception among investors and potentially a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100