Raymond James Upgrades Old Second Bancorp to Strong Buy, Maintains Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst David Long upgraded Old Second Bancorp (OSBC) from Outperform to Strong Buy, while maintaining the price target at $17.
April 04, 2024 | 5:42 pm
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POSITIVE IMPACT
Old Second Bancorp was upgraded by Raymond James from Outperform to Strong Buy, with a steady price target of $17.
The upgrade to Strong Buy by a reputable analyst like David Long at Raymond James is a significant positive signal for Old Second Bancorp. It suggests a strong bullish outlook on the stock, potentially leading to increased investor interest and a positive short-term price movement. The maintenance of the price target at $17 indicates a steady confidence in the stock's value proposition.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100