Stephens & Co. Maintains Equal-Weight on Sandy Spring Bancorp, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Russell Gunther has maintained an Equal-Weight rating on Sandy Spring Bancorp (NASDAQ:SASR) but has reduced the price target from $28 to $27.

January 24, 2024 | 8:37 pm
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Stephens & Co. analyst Russell Gunther maintains an Equal-Weight rating on Sandy Spring Bancorp but lowers the price target from $28 to $27.
The reduction in price target by Stephens & Co. suggests a slightly less optimistic outlook on Sandy Spring Bancorp's stock value, which could lead to a negative short-term impact on the stock price. However, since the rating remains at Equal-Weight, the impact may not be significantly bearish, but it does indicate a potential decrease in investor confidence.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100