Keefe, Bruyette & Woods Reiterates Market Perform on Southern Missouri Bancorp, Lowers Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Kelly Motta reiterates a Market Perform rating on Southern Missouri Bancorp (NASDAQ:SMBC) and lowers the price target from $53 to $51.
May 01, 2024 | 2:43 pm
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Southern Missouri Bancorp's price target was lowered from $53 to $51 by Keefe, Bruyette & Woods, but the Market Perform rating was reiterated.
The reduction in price target by an analyst firm typically signals a bearish outlook on the stock's short-term price movement, despite maintaining the same performance rating. This could lead to negative investor sentiment and a potential decrease in stock price.
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