Keefe, Bruyette & Woods Maintains Outperform on First BanCorp, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Kelly Motta maintains an Outperform rating on First BanCorp (NYSE:FBP) and raises the price target from $19 to $21.
April 25, 2024 | 1:28 pm
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Keefe, Bruyette & Woods analyst Kelly Motta maintains an Outperform rating on First BanCorp and raises the price target from $19 to $21.
The upgrade in the price target by a reputable analyst firm like Keefe, Bruyette & Woods typically signals a strong bullish sentiment towards the stock, suggesting an expectation of higher future performance. This can positively influence investor perception and potentially drive the stock price up in the short term.
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IMPORTANCE 90
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