Keefe, Bruyette & Woods Maintains Market Perform on HomeStreet, Raises Price Target to $15.5-Report Released on 16 January 2024
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Wood Lay maintains a Market Perform rating on HomeStreet (NASDAQ:HMST) and raises the price target from $11 to $15.5.

January 17, 2024 | 3:32 pm
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POSITIVE IMPACT
HomeStreet's price target has been raised from $11 to $15.5 by Keefe, Bruyette & Woods, maintaining a Market Perform rating.
The increase in price target by a reputable analyst firm like Keefe, Bruyette & Woods typically signals a positive outlook on the stock, suggesting that the firm believes HomeStreet has the potential to rise to the new target price. This can lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100