Stephens & Co. Reiterates Equal-Weight on Peoples Bancorp, Maintains $34 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Terry McEvoy reiterated an Equal-Weight rating on Peoples Bancorp (NASDAQ:PEBO) and maintained a $34 price target.

April 24, 2024 | 3:38 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Stephens & Co. reaffirmed an Equal-Weight rating on Peoples Bancorp with a $34 price target.
The reiteration of an Equal-Weight rating and maintenance of a $34 price target by Stephens & Co. suggests a neutral outlook on Peoples Bancorp's stock. This indicates that the analyst believes the stock is fairly valued at its current price level, neither undervalued nor overvalued. Therefore, the short-term impact on the stock price is likely to be minimal, as the market has likely already priced in the analyst's expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100