Piper Sandler Maintains Neutral on BCB Bancorp, Raises Price Target to $13.5-Report Released on 29 January 2024
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Justin Crowley has maintained a Neutral rating on BCB Bancorp (NASDAQ:BCBP) and increased the price target from $13 to $13.5.

January 30, 2024 | 2:18 pm
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Piper Sandler has maintained a Neutral rating on BCB Bancorp but raised the price target from $13 to $13.5, indicating a potential upside from the previous target.
The increase in price target by Piper Sandler suggests a positive outlook on BCB Bancorp's valuation, which could lead to a short-term increase in investor confidence and potentially a rise in the stock price. However, the maintenance of a Neutral rating indicates that the analyst does not see significant catalysts for a more aggressive rating change at this time.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100