Keefe, Bruyette & Woods Reiterates Market Perform on Bar Harbor Bankshares, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Damon Delmonte reiterated a Market Perform rating on Bar Harbor Bankshares (AMEX:BHB) and lowered the price target from $29 to $28.

April 22, 2024 | 12:43 pm
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NEUTRAL IMPACT
Bar Harbor Bankshares' price target was lowered from $29 to $28 by Keefe, Bruyette & Woods, but the Market Perform rating was maintained.
The adjustment in price target by a reputable analyst firm like Keefe, Bruyette & Woods could influence investor sentiment, but the maintenance of a Market Perform rating suggests a neutral outlook on the stock's short-term performance. The slight decrease in the price target might reflect minor adjustments in valuation models or market conditions, but it's not indicative of a significant change in the company's fundamentals or market position.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90