Stephens & Co. Maintains Equal-Weight on Byline Bancorp, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Terry McEvoy maintains an Equal-Weight rating on Byline Bancorp (NYSE:BY) and lowers the price target from $26 to $25.

April 03, 2024 | 12:02 pm
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Byline Bancorp's price target was lowered from $26 to $25 by Stephens & Co., while maintaining an Equal-Weight rating.
A reduction in the price target by an analyst typically signals a bearish outlook on the stock's short-term price movement, although the maintenance of an Equal-Weight rating suggests a neutral long-term view. This could lead to a negative short-term impact on Byline Bancorp's stock price as investors adjust their expectations.
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IMPORTANCE 75
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