Stephens & Co. Reiterates Equal-Weight on CrossFirst Bankshares, Maintains $16 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Matt Olney has reiterated an Equal-Weight rating on CrossFirst Bankshares (NASDAQ:CFB) and maintained a price target of $16.

January 23, 2024 | 4:24 pm
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Stephens & Co. analyst Matt Olney reaffirmed an Equal-Weight rating on CrossFirst Bankshares with a steady price target of $16.
The reiteration of an Equal-Weight rating and maintenance of the price target suggests that Stephens & Co.'s outlook on CrossFirst Bankshares remains unchanged. This typically does not have a significant impact on the stock price in the short term, as it neither upgrades nor downgrades the company's stock. However, the confirmation of the price target can provide some stability to the current stock price.
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