Raymond James Reiterates Outperform on Bank of N.T Butterfield, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst David Feaster reiterated an Outperform rating on Bank of N.T Butterfield (NYSE:NTB) and raised the price target from $32 to $36.
April 25, 2024 | 4:02 pm
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Raymond James raised the price target for Bank of N.T Butterfield from $32 to $36 and reiterated an Outperform rating.
The increase in price target by a reputable analyst firm like Raymond James typically signals a strong bullish sentiment on the stock, suggesting a positive short-term impact on NTB's stock price. The Outperform rating reaffirms the analyst's confidence in the stock's future performance.
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