Stephens & Co. Reiterates Equal-Weight on Nicolet Bankshares, Maintains $90 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Terry McEvoy has reiterated an Equal-Weight rating on Nicolet Bankshares (NYSE:NIC) and maintained a $90 price target on the stock.

January 17, 2024 | 1:57 pm
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Stephens & Co. analyst Terry McEvoy reaffirmed an Equal-Weight rating and a $90 price target for Nicolet Bankshares (NYSE:NIC).
The reiteration of an Equal-Weight rating and maintenance of the price target suggests that Stephens & Co.'s outlook on Nicolet Bankshares remains unchanged. This typically does not have a significant short term impact on the stock price, as it neither upgrades nor downgrades the company's status. However, it reaffirms the analyst's previous assessment, which could help maintain investor confidence in the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100