Stephens & Co. Maintains Overweight on First American Financial, Lowers Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst John Campbell maintains an Overweight rating on First American Financial (FAF) but lowers the price target from $72 to $66.
April 29, 2024 | 3:11 pm
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NEUTRAL IMPACT
First American Financial's price target was lowered from $72 to $66 by Stephens & Co., although the Overweight rating was maintained.
The adjustment in price target by a reputable analyst firm like Stephens & Co. can influence investor sentiment and market perception of First American Financial's stock value. However, maintaining an Overweight rating suggests a positive outlook on the stock's future performance, potentially mitigating any negative impact from the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90