Piper Sandler Maintains Neutral on Alerus Finl, Lowers Price Target to $22.5
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Nathan Race maintains a Neutral rating on Alerus Financial (NASDAQ:ALRS) and lowers the price target from $23.5 to $22.5.

May 16, 2024 | 1:54 pm
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Piper Sandler analyst Nathan Race maintains a Neutral rating on Alerus Financial and lowers the price target from $23.5 to $22.5.
The lowered price target from $23.5 to $22.5 suggests a less optimistic outlook for Alerus Financial, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100