Stephens & Co. Reiterates Equal-Weight on Regional Mgmt, Maintains $30 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Vincent Caintic reiterated an Equal-Weight rating on Regional Management Corp. (NYSE:RM) and maintained a $30 price target.
February 08, 2024 | 5:33 pm
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Stephens & Co. reaffirmed an Equal-Weight rating on Regional Management Corp. (RM) and kept the price target at $30.
The reiteration of an Equal-Weight rating and maintenance of the price target at $30 by Stephens & Co. suggests a neutral outlook on the stock. This indicates that the analyst believes the stock is fairly valued at its current price level, neither undervalued nor overvalued. Therefore, the short-term impact on the stock price is likely to be minimal, as the market has likely already priced in the analyst's expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90