UBS Maintains Neutral on Popular, Raises Price Target to $91
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brock Vandervliet has maintained a Neutral rating on Popular, Inc. (NASDAQ:BPOP) and increased the price target from $84 to $91.

January 26, 2024 | 5:01 pm
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UBS has maintained a Neutral rating on Popular, Inc. but raised the price target from $84 to $91, indicating a positive outlook on the stock's value.
The increase in price target by UBS suggests an improved valuation of Popular, Inc., which could lead to increased investor confidence and a potential short-term rise in the stock price. However, the Neutral rating indicates that the analyst does not see significant momentum or changes in fundamentals that would justify an upgrade to a Buy rating at this time.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100