Keefe, Bruyette & Woods Maintains Outperform on Popular, Raises Price Target to $103-Report Released on 25 January 2024
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Kelly Motta has maintained an Outperform rating on Popular, Inc. (NASDAQ:BPOP) and increased the price target from $95 to $103 as reported on January 25, 2024.
January 26, 2024 | 1:51 pm
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POSITIVE IMPACT
Keefe, Bruyette & Woods analyst reaffirms Outperform rating on Popular, Inc. and raises price target to $103, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst firm like Keefe, Bruyette & Woods typically suggests a strong conviction in the company's future performance and can positively influence investor sentiment, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100