Keefe, Bruyette & Woods Maintains Market Perform on Premier Financial, Lowers Price Target to $25-Report Released on 23 January 2024
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Michael Perito has maintained a 'Market Perform' rating on Premier Financial (NASDAQ:PFC) but lowered the price target from $26 to $25.
January 25, 2024 | 2:25 pm
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Premier Financial's price target has been reduced from $26 to $25 by Keefe, Bruyette & Woods, although the 'Market Perform' rating remains unchanged.
The reduction in price target by an analyst can be seen as a negative signal, suggesting a lower expected future stock price. This could lead to a short-term negative impact on the stock price of Premier Financial. However, since the rating remains unchanged, the impact may be moderate rather than severe.
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IMPORTANCE 75
RELEVANCE 100