Barclays Initiates Coverage On BankUnited with Equal-Weight Rating, Announces Price Target of $29
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jared Shaw initiates coverage on BankUnited (NYSE:BKU) with an Equal-Weight rating and a price target of $29.

March 08, 2024 | 9:50 am
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NEUTRAL IMPACT
Barclays initiated coverage on BankUnited with an Equal-Weight rating and set a price target of $29.
The initiation of coverage by Barclays with an Equal-Weight rating suggests a neutral outlook on BankUnited's stock. The price target of $29 provides a specific goal for investors but does not strongly suggest a significant upward or downward movement in the short term. Therefore, the impact is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100