Raymond James Maintains Outperform on Dime Community Bancshares, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Steve Moss has maintained an Outperform rating on Dime Community Bancshares (NASDAQ:DCOM) and increased the price target from $23 to $30.
January 05, 2024 | 5:27 pm
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Raymond James analyst Steve Moss has reaffirmed an Outperform rating on Dime Community Bancshares and raised the price target from $23 to $30, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Steve Moss from Raymond James typically signals a strong conviction in the company's future performance and is often viewed positively by investors. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100