Wells Fargo Maintains Underweight on Bank OZK, Lowers Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Jared Shaw has maintained an Underweight rating on Bank OZK (NASDAQ:OZK) and reduced the price target from $41 to $39.
February 01, 2024 | 1:18 pm
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Wells Fargo analyst Jared Shaw has maintained an Underweight rating on Bank OZK and reduced the price target from $41 to $39.
The reduction in price target by a notable analyst like Jared Shaw suggests a bearish outlook on Bank OZK's stock. This could lead to a negative short-term impact on the stock price as market participants adjust their expectations based on this new analyst rating and price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100