Raymond James Upgrades Bank OZK to Outperform, Announces $58 Price Target
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Michael Rose has upgraded Bank OZK (NASDAQ:OZK) from Market Perform to Outperform and set a price target of $58.
January 05, 2024 | 1:48 pm
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POSITIVE IMPACT
Bank OZK was upgraded by Raymond James from Market Perform to Outperform with a price target of $58, indicating a positive outlook on the stock.
Upgrades by analysts, especially from reputable firms like Raymond James, can lead to increased investor confidence and a potential rise in the stock's price in the short term. The new price target of $58 suggests a positive view on the stock's future performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100