Raymond James Maintains Strong Buy on ConnectOne Bancorp, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Daniel Tamayo has reaffirmed a Strong Buy rating on ConnectOne Bancorp (NASDAQ:CNOB) and increased the price target from $26 to $28.
January 29, 2024 | 1:46 pm
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ConnectOne Bancorp's Strong Buy rating has been maintained by Raymond James, with an increased price target from $26 to $28, indicating a positive outlook on the stock.
The reaffirmation of a Strong Buy rating and an increase in the price target by a reputable analyst like Daniel Tamayo from Raymond James typically signals a bullish sentiment on the stock, suggesting a potential rise in its price in the short term. Investors often look to analyst ratings and price targets as indicators of a stock's future performance.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100