Wedbush Maintains Neutral on HomeStreet, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini has maintained a Neutral rating on HomeStreet (NASDAQ:HMST) and increased the price target from $15 to $16.
January 30, 2024 | 3:35 pm
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Wedbush analyst David Chiaverini maintains a Neutral rating on HomeStreet but raises the price target from $15 to $16.
The increase in price target from $15 to $16 by Wedbush suggests a slightly more positive outlook on HomeStreet's valuation, but the maintenance of a Neutral rating indicates that the analyst does not see significant catalysts for price movement in the short term. This could lead to a modestly positive investor sentiment but is unlikely to cause a significant change in stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100