RBC Capital Reiterates Sector Perform on Old National, Maintains $18 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Jon Arfstrom reiterates a 'Sector Perform' rating on Old National (NASDAQ:ONB) and maintains an $18 price target.

April 09, 2024 | 3:10 pm
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NEUTRAL IMPACT
RBC Capital maintains a 'Sector Perform' rating and an $18 price target on Old National.
The reiteration of the 'Sector Perform' rating and maintenance of the $18 price target by RBC Capital suggests a neutral outlook on Old National's stock in the short term. This indicates that the analyst believes the stock is fairly valued at its current price level, and significant price movements are not anticipated in the immediate future. The confidence level is high due to the specificity of the rating and price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100