Keefe, Bruyette & Woods Maintains Outperform on Enterprise Finl Servs, Lowers Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Michael Perito has maintained an Outperform rating on Enterprise Financial Services Corp (NASDAQ:EFSC) but lowered the price target from $53 to $51.

January 24, 2024 | 3:07 pm
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Keefe, Bruyette & Woods analyst reaffirms Outperform rating on EFSC but reduces price target to $51, indicating a potential upside but with a slightly reduced growth expectation.
The maintenance of an Outperform rating suggests that the analyst continues to see the company positively, which could be reassuring to investors. However, the reduction in the price target might imply a tempered expectation for the stock's growth potential, which could lead to a neutral short-term impact as the market digests this new information.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100