Keefe, Bruyette & Woods Maintains Market Perform on Brookline Bancorp, Lowers Price Target to $10.5
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Christopher O'Connell maintains a Market Perform rating on Brookline Bancorp (NASDAQ:BRKL) and lowers the price target from $12 to $10.5.

April 26, 2024 | 1:22 pm
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NEGATIVE IMPACT
Keefe, Bruyette & Woods maintains a Market Perform rating on Brookline Bancorp and lowers the price target from $12 to $10.5.
The reduction in price target by Keefe, Bruyette & Woods reflects a negative outlook on Brookline Bancorp's stock price in the short term. This adjustment could lead to a decrease in investor confidence and potentially lower stock prices as market participants adjust their expectations based on the new analyst target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100