Wedbush Maintains Neutral on CVB Financial, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini has maintained a Neutral rating on CVB Financial (NASDAQ:CVBF) but has lowered the price target from $22 to $21.
January 25, 2024 | 6:51 pm
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NEGATIVE IMPACT
Wedbush analyst David Chiaverini maintains a Neutral rating on CVB Financial and reduces the price target from $22 to $21.
The reduction in price target by Wedbush suggests a potential downside or limited upside for CVB Financial's stock price in the short term. As price targets can influence investor sentiment and stock price, this revision could lead to a negative impact on the stock's performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100