Raymond James Maintains Outperform on Amerant Bancorp, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Michael Rose has maintained an Outperform rating on Amerant Bancorp (NYSE:AMTB) and increased the price target from $23 to $27.
January 26, 2024 | 10:24 am
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POSITIVE IMPACT
Amerant Bancorp's Outperform rating is maintained by Raymond James, with a raised price target from $23 to $27, indicating a positive outlook.
The increase in price target by a reputable analyst like Michael Rose from Raymond James typically signals a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100