Keefe, Bruyette & Woods Maintains Market Perform on Amerant Bancorp, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Brady Gailey maintains a Market Perform rating on Amerant Bancorp (AMTB) and lowers the price target from $28 to $26.

May 03, 2024 | 12:37 pm
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Keefe, Bruyette & Woods maintains a Market Perform rating on Amerant Bancorp and lowers the price target from $28 to $26.
The reduction in price target by Keefe, Bruyette & Woods suggests a more cautious outlook on Amerant Bancorp's stock value in the short term. This adjustment reflects the analyst's revised expectations on the company's future performance, which could lead to a negative perception among investors and potentially result in a decrease in stock price.
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