Piper Sandler Maintains Underweight on Northwest Bancshares, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Frank Schiraldi maintains an Underweight rating on Northwest Bancshares (NASDAQ:NWBI) and lowers the price target from $11 to $10.

April 23, 2024 | 11:16 am
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Piper Sandler maintains an Underweight rating on Northwest Bancshares and lowers the price target from $11 to $10.
The reduction in price target by Piper Sandler suggests a bearish outlook on Northwest Bancshares, likely due to perceived challenges or underperformance relative to the market. This analyst action can negatively impact investor sentiment and potentially lead to a decrease in stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100