DA Davidson Maintains Buy on Banc of California, Lowers Price Target to $17.5
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Gary Tenner maintains a Buy rating on Banc of California (NYSE:BANC) but lowers the price target from $20 to $17.5.
May 15, 2024 | 2:19 pm
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NEUTRAL IMPACT
DA Davidson analyst Gary Tenner maintains a Buy rating on Banc of California but lowers the price target from $20 to $17.5.
The Buy rating suggests continued confidence in the stock, but the lowered price target indicates a more cautious outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100