Stephens & Co. Maintains Equal-Weight on Veritex Holdings, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Matt Olney has maintained an Equal-Weight rating on Veritex Holdings (NASDAQ:VBTX) but has reduced the price target from $26 to $24.
January 25, 2024 | 5:06 pm
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NEGATIVE IMPACT
Stephens & Co. maintains an Equal-Weight rating on Veritex Holdings and lowers the price target from $26 to $24.
The reduction in price target by Stephens & Co. suggests a more conservative valuation of Veritex Holdings, which could lead to a negative perception among investors and potentially a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100