Citigroup Maintains Buy on Bank OZK, Lowers Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ben Gerlinger maintains a Buy rating on Bank OZK (NASDAQ:OZK) but lowers the price target from $62 to $57.

March 13, 2024 | 8:37 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Citigroup maintains a Buy rating on Bank OZK but lowers the price target from $62 to $57.
While the Buy rating reaffirms confidence in Bank OZK's fundamentals, the reduction in price target might reflect adjustments in valuation metrics or market conditions. This mixed signal could lead to neutral short-term price movement as investors digest both the continued endorsement and the lowered expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100