Keefe, Bruyette & Woods Maintains Outperform on MVB Financial, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Catherine Mealor maintains an Outperform rating on MVB Financial (NASDAQ:MVBF) but lowers the price target from $26 to $25.

March 01, 2024 | 3:15 pm
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NEUTRAL IMPACT
Keefe, Bruyette & Woods maintains an Outperform rating on MVB Financial but lowers the price target from $26 to $25.
While the maintenance of an Outperform rating suggests a positive outlook on MVB Financial's stock, the reduction in the price target could signal a tempered expectation for the stock's short-term growth potential. This mixed signal might lead to a neutral short-term impact on the stock price as investors weigh the positive rating against the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100