DA Davidson Maintains Neutral on Banner, Lowers Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Jeffrey Rulis maintains a Neutral rating on Banner Corporation (NASDAQ:BANR) and lowers the price target from $50 to $47.
April 19, 2024 | 4:23 pm
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DA Davidson analyst Jeffrey Rulis maintains a Neutral rating on Banner Corporation and lowers the price target from $50 to $47.
The reduction in price target by DA Davidson suggests a tempered outlook on Banner Corporation's stock performance in the short term. This adjustment reflects the analyst's view on potential challenges or limited upside for the stock, which could influence investor sentiment and possibly lead to a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100