Keefe, Bruyette & Woods Downgrades OceanFirst Financial to Market Perform, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods has downgraded OceanFirst Financial (NASDAQ:OCFC) from Outperform to Market Perform and lowered the price target from $19 to $18.
May 31, 2024 | 11:09 am
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Keefe, Bruyette & Woods downgraded OceanFirst Financial from Outperform to Market Perform and reduced the price target from $19 to $18.
The downgrade from Outperform to Market Perform and the reduction in the price target from $19 to $18 by a reputable analyst firm is likely to negatively impact investor sentiment and the short-term stock price of OceanFirst Financial.
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IMPORTANCE 80
RELEVANCE 100