Wedbush Maintains Outperform on Customers Bancorp, Lowers Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini maintains an Outperform rating on Customers Bancorp (CUBI) but lowers the price target from $63 to $61.

April 26, 2024 | 2:18 pm
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Wedbush maintains an Outperform rating on Customers Bancorp but lowers the price target from $63 to $61.
The adjustment in price target by Wedbush reflects a slight recalibration of expectations for Customers Bancorp, possibly due to market conditions or internal performance metrics. However, maintaining the Outperform rating indicates a continued positive outlook on the company's performance. The impact on the stock price is likely neutral in the short term as the reduction in price target is minor and the positive rating is reaffirmed.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100