Piper Sandler Maintains Neutral on Westamerica Bancorp, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Andrew Liesch has maintained a Neutral rating on Westamerica Bancorp (NASDAQ:WABC) and reduced the price target from $56 to $55.

January 19, 2024 | 4:28 pm
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NEUTRAL IMPACT
Piper Sandler has maintained a Neutral rating on Westamerica Bancorp and lowered the price target from $56 to $55.
The adjustment in price target by Piper Sandler is a minor change, suggesting a slight decrease in valuation but not a change in the overall sentiment towards the company. As the rating remains Neutral, the short-term impact on the stock price is likely to be minimal unless the market was expecting a more positive revision.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100