Raymond James Maintains Strong Buy on Customers Bancorp, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Steve Moss has reaffirmed a Strong Buy rating on Customers Bancorp (NYSE:CUBI) and increased the price target from $65 to $72.
January 29, 2024 | 1:44 pm
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POSITIVE IMPACT
Customers Bancorp's stock rating has been maintained as a Strong Buy by Raymond James, with a raised price target from $65 to $72.
The reaffirmation of a Strong Buy rating and an increase in the price target by a reputable analyst like Steve Moss from Raymond James is likely to instill confidence in investors and could lead to a short-term increase in the stock price of Customers Bancorp.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100