Keefe, Bruyette & Woods Maintains Outperform on CrossFirst Bankshares, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Wood Lay maintains an Outperform rating on CrossFirst Bankshares (NASDAQ:CFB) but lowers the price target from $20 to $17.

April 17, 2024 | 1:48 pm
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NEUTRAL IMPACT
Keefe, Bruyette & Woods maintains an Outperform rating on CrossFirst Bankshares but lowers the price target from $20 to $17.
The adjustment in price target by Keefe, Bruyette & Woods reflects a recalibration of expectations for CrossFirst Bankshares, likely due to updated financial analysis or market conditions. While the reduction in price target could suggest a tempered outlook, the maintenance of an Outperform rating indicates continued confidence in the company's performance potential. This mixed signal may lead to short-term market uncertainty for CFB, but the overall positive stance suggests underlying strengths.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100