Piper Sandler Maintains Neutral on Servisfirst Bancshares, Raises Price Target to $64-Report Released on 29 January 2024
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brad Milsaps has maintained a Neutral rating on Servisfirst Bancshares (NYSE:SFBS) and increased the price target from $55 to $64 as reported on January 29, 2024.
January 30, 2024 | 2:30 pm
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Piper Sandler has maintained a Neutral rating on Servisfirst Bancshares but raised the price target from $55 to $64, indicating a positive outlook on the stock's value.
The increase in price target by Piper Sandler suggests an improved valuation of Servisfirst Bancshares, which could lead to increased investor interest and a potential rise in the stock price in the short term. However, the Neutral rating indicates that the analyst does not see significant momentum beyond the revised target, tempering the potential impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100