Piper Sandler Upgrades Territorial Bancorp to Neutral, Raises Price Target to $8.5
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Andrew Liesch upgraded Territorial Bancorp (TBNK) from Underweight to Neutral and increased the price target from $8 to $8.5.

May 07, 2024 | 11:18 am
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POSITIVE IMPACT
Territorial Bancorp was upgraded by Piper Sandler from Underweight to Neutral, with a price target increase from $8 to $8.5.
The upgrade from Underweight to Neutral by a reputable analyst like Andrew Liesch suggests a more favorable outlook on TBNK's stock, potentially leading to increased investor confidence and a positive short-term price movement. The increase in price target further supports this positive sentiment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100