Keefe, Bruyette & Woods Downgrades ConnectOne Bancorp to Market Perform, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods has downgraded ConnectOne Bancorp (NASDAQ:CNOB) from Outperform to Market Perform and lowered the price target from $24 to $22.
May 31, 2024 | 11:10 am
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Keefe, Bruyette & Woods has downgraded ConnectOne Bancorp from Outperform to Market Perform and reduced the price target from $24 to $22.
The downgrade from Outperform to Market Perform and the reduction in the price target from $24 to $22 by a reputable analyst firm is likely to negatively impact investor sentiment and short-term stock price performance.
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