Keefe, Bruyette & Woods Maintains Market Perform on Stellar Bancorp, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Catherine Mealor maintains a Market Perform rating on Stellar Bancorp (STEL) and lowers the price target from $30 to $26.
May 03, 2024 | 12:49 pm
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NEGATIVE IMPACT
Keefe, Bruyette & Woods maintains a Market Perform rating on Stellar Bancorp and lowers the price target from $30 to $26.
The reduction in price target by Keefe, Bruyette & Woods suggests a downward revision in the expected performance of Stellar Bancorp. This could lead to a negative short-term impact on the stock price as investors adjust their expectations based on the new analyst rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100