Keefe, Bruyette & Woods Reiterates Market Perform on Hanmi Financial, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Kelly Motta reiterates a Market Perform rating on Hanmi Financial (NASDAQ:HAFC) and lowers the price target from $18.5 to $18.
April 24, 2024 | 2:47 pm
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Keefe, Bruyette & Woods has reiterated a Market Perform rating on Hanmi Financial and reduced the price target from $18.5 to $18.
The reduction in price target by Keefe, Bruyette & Woods suggests a slightly less optimistic outlook on Hanmi Financial's stock, potentially due to revised earnings expectations or market conditions. This adjustment, while not drastic, could lead to short-term negative sentiment among investors, hence the likelihood of a slight decrease in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100