Raymond James Upgrades Heartland Financial USA to Strong Buy, Maintains Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst David Long upgraded Heartland Financial USA (HTLF) from Market Perform to Strong Buy, maintaining the price target at $41.
February 29, 2024 | 11:45 am
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POSITIVE IMPACT
Heartland Financial USA was upgraded by Raymond James from Market Perform to Strong Buy, with a steady price target of $41.
Upgrades by prominent analysts like those from Raymond James typically lead to positive short-term price movements. The upgrade to Strong Buy suggests a strong confidence in HTLF's future performance, potentially attracting more investors. The maintenance of the price target at $41 indicates a belief in the stock's steady growth potential.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100