Keefe, Bruyette & Woods Maintains Outperform on Orrstown Finl Servs, Raises Price Target to $32-Report Released on 23 January 2024
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Michael Perito has maintained an Outperform rating on Orrstown Financial Services (NASDAQ:ORRF) and increased the price target from $30 to $32, as reported on January 23, 2024.
January 25, 2024 | 2:23 pm
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Keefe, Bruyette & Woods analyst Michael Perito has reaffirmed an Outperform rating on Orrstown Financial Services and raised the price target to $32.
The increase in price target by a reputable analyst typically signals confidence in the company's future performance and can lead to a positive short-term impact on the stock price as investors react to the analyst's upgraded outlook.
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