DA Davidson Maintains Buy on Heritage Financial, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Jeff Rulis has maintained a Buy rating on Heritage Financial (NASDAQ:HFWA) but has reduced the price target from $24 to $23.

January 26, 2024 | 8:00 pm
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NEUTRAL IMPACT
Heritage Financial's Buy rating is maintained by DA Davidson, but the price target is lowered from $24 to $23.
While the Buy rating indicates continued confidence in the company's fundamentals, the reduction in price target could suggest a slightly tempered expectation for the stock's performance. This might lead to a neutral short-term impact as the positive sentiment from the Buy rating could be offset by the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100