Piper Sandler Maintains Neutral on Evans Bancorp, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Twerdahl maintains a Neutral rating on Evans Bancorp (EVBN) and lowers the price target from $30 to $27.

May 01, 2024 | 1:57 pm
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NEGATIVE IMPACT
Piper Sandler maintains a Neutral rating on Evans Bancorp and lowers the price target from $30 to $27.
The reduction in price target by Piper Sandler suggests a less optimistic outlook on Evans Bancorp's stock performance in the short term. This adjustment could lead to a negative perception among investors, potentially impacting the stock's price negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100