Wedbush Maintains Outperform on Customers Bancorp, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini has maintained an Outperform rating on Customers Bancorp (NYSE:CUBI) but has reduced the price target from $70 to $65.
January 26, 2024 | 1:21 pm
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Wedbush has maintained an Outperform rating on Customers Bancorp but lowered the price target from $70 to $65, indicating a positive outlook with a slightly reduced growth expectation.
Maintaining an Outperform rating suggests that Wedbush continues to see Customers Bancorp as a strong investment. However, the reduction in the price target could reflect a minor adjustment in growth expectations or market conditions, which may not significantly impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100