Piper Sandler Reiterates Overweight on Bank of N.T Butterfield, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alex Twerdahl has reiterated an Overweight rating on Bank of N.T Butterfield (NYSE:NTB) and increased the price target from $34 to $38.
April 25, 2024 | 1:04 pm
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Piper Sandler has reaffirmed its Overweight rating on Bank of N.T Butterfield and raised its price target from $34 to $38.
The reiteration of an Overweight rating combined with an increased price target typically signals a positive outlook on the stock from the analyst's perspective. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100