Stephens & Co. Maintains Equal-Weight on FB Financial, Lowers Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Matt Olney has maintained an Equal-Weight rating on FB Financial (NYSE:FBK) but reduced the price target from $45 to $41.
January 17, 2024 | 1:39 pm
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Stephens & Co. maintains an Equal-Weight rating on FB Financial, indicating a neutral stance, but has lowered the price target from $45 to $41, suggesting a reduced valuation outlook.
The reduction in price target by Stephens & Co. reflects a more conservative valuation of FB Financial, which could lead to a negative perception among investors and potentially a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100