Piper Sandler Maintains Neutral on Westamerica Bancorp, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Andrew Liesch maintains a Neutral rating on Westamerica Bancorp (WABC) and lowers the price target from $51 to $50.
April 19, 2024 | 5:51 pm
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NEUTRAL IMPACT
Piper Sandler maintains a Neutral rating on Westamerica Bancorp and lowers the price target from $51 to $50.
The adjustment in price target by Piper Sandler reflects a slight negative sentiment towards WABC's short-term price potential, but the maintenance of a Neutral rating suggests no significant change in the company's fundamentals or outlook. This could lead to a neutral short-term impact on WABC's stock price as the market digests this new target.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90