Raymond James Maintains Outperform on Heritage Commerce, Raises Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst David Feaster has maintained an Outperform rating on Heritage Commerce (NASDAQ:HTBK) and increased the price target from $9.5 to $11.
January 05, 2024 | 5:35 pm
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POSITIVE IMPACT
Heritage Commerce's stock may see a positive short term impact due to Raymond James' maintained Outperform rating and raised price target from $9.5 to $11.
Analyst ratings and price target adjustments are significant indicators for investors. The increase in price target by Raymond James suggests a positive outlook for Heritage Commerce, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100