Keefe, Bruyette & Woods Maintains Market Perform on SmartFinancial, Raises Price Target to $26-Report Released on 23 January 2024
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Catherine Mealor has maintained a 'Market Perform' rating on SmartFinancial (NYSE:SMBK) and increased the price target from $25 to $26.

January 24, 2024 | 3:31 pm
News sentiment analysis
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POSITIVE IMPACT
SmartFinancial's stock may see a positive impact in the short term due to the raised price target from $25 to $26 by Keefe, Bruyette & Woods.
Price target increases are typically seen as a positive signal by investors, suggesting that the analyst sees potential for the stock's value to grow. The maintenance of a 'Market Perform' rating indicates that the stock is expected to perform in line with the market, but the increase in price target may still lead to some positive sentiment among investors in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100