DA Davidson Maintains Neutral on Community Bank System, Maintains $50 Price Target
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Manuel Navas maintains a Neutral rating on Community Bank System (NYSE:CBU) and keeps the price target at $50.
March 14, 2024 | 1:59 pm
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NEUTRAL IMPACT
DA Davidson reaffirms a Neutral rating on Community Bank System with a $50 price target.
The reaffirmation of a Neutral rating and a steady price target by a reputable analyst like Manuel Navas suggests no significant short-term price movement is expected for CBU. The analysis is based on the current market perception and the analyst's view, which is likely to influence investor sentiment moderately.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100