Raymond James Maintains Outperform on Glacier Bancorp, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst David Feaster has maintained an Outperform rating on Glacier Bancorp (NYSE:GBCI) and increased the price target from $36 to $46.
January 05, 2024 | 5:32 pm
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Raymond James analyst reaffirms Outperform rating on Glacier Bancorp and raises price target from $36 to $46.
The increase in price target by a reputable analyst like David Feaster from Raymond James typically signals a positive outlook on the stock, suggesting that the company's future performance may exceed current market expectations. This can lead to increased investor confidence and a potential short-term rise in the stock price.
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