Raymond James Maintains Outperform on Bancorp, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst David Feaster has maintained an Outperform rating on Bancorp (NASDAQ:TBBK) and increased the price target from $42 to $50.
January 29, 2024 | 2:00 pm
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Raymond James analyst David Feaster maintains an Outperform rating on Bancorp and raises the price target from $42 to $50.
The increase in price target by a reputable analyst typically signals a positive outlook on the stock, suggesting potential upside. This can lead to increased investor confidence and a possible short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100