Stephens & Co. Maintains Equal-Weight on Simmons First Ntl, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Matt Olney maintains an Equal-Weight rating on Simmons First Ntl (SFNC) and lowers the price target from $22 to $21.

April 25, 2024 | 3:21 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Stephens & Co. maintains an Equal-Weight rating on Simmons First Ntl and lowers the price target from $22 to $21.
The reduction in price target by Stephens & Co. suggests a tempered outlook for SFNC, potentially leading to a negative short-term impact on its stock price. The maintenance of an Equal-Weight rating indicates that the analyst sees the stock as fairly valued at its current level, but the lowered price target could signal to investors a reduced growth or performance expectation, possibly affecting investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100