Wedbush Maintains Neutral on Pacific Premier Bancorp, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini has maintained a Neutral rating on Pacific Premier Bancorp (NASDAQ:PPBI) but has lowered the price target from $31 to $30.
January 30, 2024 | 3:38 pm
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Wedbush analyst David Chiaverini maintains a Neutral rating on Pacific Premier Bancorp and lowers the price target from $31 to $30.
The reduction in price target by a reputable analyst could lead to a negative perception among investors, potentially causing a short-term dip in the stock price. However, since the rating remains Neutral, the impact may not be significantly bearish.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100