Raymond James Maintains Outperform on Dime Community Bancshares, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst William Wallace maintains an Outperform rating on Dime Community Bancshares (NASDAQ:DCOM) but lowers the price target from $30 to $27.

March 13, 2024 | 4:22 pm
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NEUTRAL IMPACT
Raymond James maintains an Outperform rating on Dime Community Bancshares but lowers the price target from $30 to $27.
The adjustment in price target by a reputable analyst firm like Raymond James could have a mixed impact on DCOM's stock price. While maintaining an Outperform rating indicates a positive outlook on the stock, the reduction in the price target might signal a tempered expectation for the stock's short-term growth potential. Investors might react cautiously to this news, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100