Keefe, Bruyette & Woods Maintains Market Perform on Northwest Bancshares, Raises Price Target to $13-Report Released on 22 January 2024
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Michael Perito has maintained a 'Market Perform' rating on Northwest Bancshares (NASDAQ:NWBI) and increased the price target from $12 to $13.
January 23, 2024 | 3:24 pm
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POSITIVE IMPACT
Northwest Bancshares' stock may see a positive impact in the short term due to the raised price target from $12 to $13 by Keefe, Bruyette & Woods.
The increase in price target by a reputable analyst firm like Keefe, Bruyette & Woods typically signals confidence in the company's future performance and can lead to increased investor interest and a potential rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100