Piper Sandler Maintains Overweight on Hancock Whitney, Lowers Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brett Rabatin maintains an Overweight rating on Hancock Whitney (NASDAQ:HWC) but lowers the price target from $55 to $52.
April 17, 2024 | 12:19 pm
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NEUTRAL IMPACT
Piper Sandler maintains an Overweight rating on Hancock Whitney but lowers the price target from $55 to $52.
The adjustment in price target by Piper Sandler, while maintaining an Overweight rating, suggests a positive outlook on Hancock Whitney's fundamentals but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on the stock as the market digests the revised target alongside the reaffirmed confidence in the company's prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100