Keefe, Bruyette & Woods Maintains Outperform on ConnectOne Bancorp, Raises Price Target to $27-Report Released on 25 January 2024
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Michael Perito has maintained an Outperform rating on ConnectOne Bancorp (NASDAQ:CNOB) and increased the price target from $25 to $27.
January 26, 2024 | 1:59 pm
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ConnectOne Bancorp's Outperform rating is maintained by Keefe, Bruyette & Woods, with a raised price target from $25 to $27, indicating a positive outlook.
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 lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100