Raymond James Upgrades First Community to Outperform, Announces $21 Price Target
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Steve Moss has upgraded First Community (NASDAQ:FCCO) from Market Perform to Outperform and set a price target of $21.
January 25, 2024 | 10:42 am
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First Community Corporation's stock rating has been upgraded by Raymond James from Market Perform to Outperform with a price target of $21.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they suggest a better-than-expected future performance. The new price target of $21 indicates a potential upside from the current trading price, which can attract investors and drive up the stock price.
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