Stephens & Co. Reiterates Equal-Weight on Banc of California, Maintains $16 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Andrew Terrell reiterated an Equal-Weight rating on Banc of California (NYSE:BANC) and maintained a $16 price target.

May 13, 2024 | 2:30 pm
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Stephens & Co. analyst Andrew Terrell reiterated an Equal-Weight rating on Banc of California and maintained a $16 price target.
The reiteration of an Equal-Weight rating and maintenance of the price target suggests that Stephens & Co. sees no immediate catalysts that would significantly change the stock's valuation in the near term. This analyst action is likely to have a neutral impact on the stock price as it does not alter the investment thesis or expectations significantly.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100