Keefe, Bruyette & Woods Maintains Outperform on Veritex Holdings, Lowers Price Target to $27-Report Released on 24 January 2024
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Brady Gailey maintains an Outperform rating on Veritex Holdings (NASDAQ:VBTX) but lowers the price target from $29 to $27.
January 25, 2024 | 2:34 pm
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Veritex Holdings' Outperform rating is maintained by Keefe, Bruyette & Woods, but the price target is reduced from $29 to $27.
The reduction in price target by Keefe, Bruyette & Woods could lead to a negative perception among investors, potentially causing a short-term dip in Veritex Holdings' stock price. However, the maintenance of an Outperform rating suggests underlying confidence in the company's fundamentals, which may mitigate the negative impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100