RBC Capital Reiterates Sector Perform on Prosperity Bancshares, Maintains $70 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Jon Arfstrom has reiterated a 'Sector Perform' rating on Prosperity Bancshares (NYSE:PB) and maintained a price target of $70.
January 25, 2024 | 4:24 pm
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RBC Capital analyst Jon Arfstrom reaffirmed a 'Sector Perform' rating on Prosperity Bancshares with a price target of $70.
The reiteration of the 'Sector Perform' rating and maintenance of the price target suggests that RBC Capital's view on Prosperity Bancshares remains unchanged. This is likely to have a neutral short-term impact on the stock as it does not present new information that would significantly alter investor sentiment or expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100