Keefe, Bruyette & Woods Reiterates Market Perform on Univest Financial, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Timothy Switzer reiterated a Market Perform rating on Univest Financial (UVSP) and raised the price target from $22 to $23.

April 26, 2024 | 1:55 pm
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Keefe, Bruyette & Woods raised the price target for Univest Financial from $22 to $23 while maintaining a Market Perform rating.
The increase in price target by a reputable analyst firm like Keefe, Bruyette & Woods typically signals a positive outlook on the stock, suggesting potential upside. However, the maintenance of a Market Perform rating indicates that the firm does not see the stock outperforming the market in the near term. This mixed signal could lead to a modest positive short-term impact on the stock price as investors digest the news.
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IMPORTANCE 75
RELEVANCE 100