Keefe, Bruyette & Woods Maintains Market Perform on Lakeland Bancorp, Lowers Price Target to $14.15
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Christopher O'Connell maintains a Market Perform rating on Lakeland Bancorp (NASDAQ:LBAI) and lowers the price target from $16.65 to $14.15.

April 23, 2024 | 1:06 pm
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Keefe, Bruyette & Woods maintains a Market Perform rating on Lakeland Bancorp and lowers the price target from $16.65 to $14.15.
The reduction in price target by Keefe, Bruyette & Woods suggests a bearish outlook on Lakeland Bancorp's stock in the short term. This adjustment reflects the analyst's revised expectations on the company's future performance, which could lead to a negative sentiment among investors and potentially decrease the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100