Piper Sandler Assumes Farmers & Merchants at Neutral, Announces Price Target of $24
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Justin Crowley has assumed coverage of Farmers & Merchants (NASDAQ:FMAO) with a Neutral rating and set a price target of $24.
June 12, 2024 | 9:44 am
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NEUTRAL IMPACT
Piper Sandler's analyst Justin Crowley has assumed coverage of Farmers & Merchants with a Neutral rating and set a price target of $24.
The Neutral rating suggests that the analyst does not expect significant upside or downside in the short term. The price target of $24 provides a specific valuation benchmark, but the neutral stance indicates a balanced risk-reward profile.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100