Stephens & Co. Reiterates Overweight on Old Second Bancorp, Maintains $17 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Terry McEvoy reiterated an Overweight rating on Old Second Bancorp (NASDAQ:OSBC) with a maintained price target of $17.
April 19, 2024 | 2:32 pm
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Stephens & Co. reaffirmed an Overweight rating on Old Second Bancorp, with a steady price target of $17, indicating a positive outlook on the stock.
The reiteration of an Overweight rating by a reputable analyst firm like Stephens & Co., along with a maintained price target of $17, suggests a strong conviction in the stock's potential for growth. This endorsement is likely to instill confidence among investors, potentially driving up the stock's price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100