Keefe, Bruyette & Woods Maintains Outperform on Dime Community Bancshares, Lowers Price Target to $25.5
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Christopher O'Connell maintains an Outperform rating on Dime Community Bancshares (NASDAQ:DCOM) but lowers the price target from $30 to $25.5.

April 05, 2024 | 2:47 pm
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NEUTRAL IMPACT
Keefe, Bruyette & Woods maintains an Outperform rating on Dime Community Bancshares but lowers the price target from $30 to $25.5.
While the maintenance of an Outperform rating suggests a positive outlook on Dime Community Bancshares, the reduction in the price target could indicate a tempered expectation for the stock's short-term performance. This mixed signal might lead to a neutral short-term impact on the stock price as investors weigh the positive rating against the lowered price target expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100