Keefe, Bruyette & Woods Reiterates Outperform on First Citizens BancShares, Raises Price Target to $2100
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Christopher Mcgratty reiterated an Outperform rating on First Citizens BancShares (NASDAQ:FCNCA) and raised the price target from $1900 to $2100.
April 26, 2024 | 1:31 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Keefe, Bruyette & Woods raised the price target for First Citizens BancShares from $1900 to $2100, maintaining an Outperform rating.
The increase in the price target by a reputable analyst firm like Keefe, Bruyette & Woods typically signals a strong bullish outlook on the stock, suggesting a positive short-term impact on its price. The reiteration of the Outperform rating reinforces the firm's confidence in the stock's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100