Raymond James Maintains Outperform on Atlantic Union Bankshares, Raises Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst David Long has maintained an Outperform rating on Atlantic Union Bankshares (NYSE:AUB) and increased the price target from $34 to $39.
January 05, 2024 | 5:17 pm
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Raymond James analyst David Long maintains an Outperform rating on Atlantic Union Bankshares and raises the price target from $34 to $39.
The increase in price target by a reputable analyst typically signals a positive outlook on the stock, suggesting that the company's fundamentals or growth prospects have potentially improved. Investors often view such updates as a sign of confidence in the company's future performance, which can lead to increased investor interest and a potential rise in the stock price in the short term.
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