Key Takeaways From Live Oak Bancshares Analyst Ratings
Portfolio Pulse from Benzinga Insights
Analysts have recently shared diverse evaluations of Live Oak Bancshares (NYSE:LOB), with ratings ranging from bullish to bearish. The average 12-month price target has decreased by 8.11% to $42.5. Key analysts from JP Morgan, Truist Securities, and Keefe, Bruyette & Woods have lowered their price targets, reflecting a cautious outlook.
June 27, 2024 | 3:00 pm
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Analysts have shown mixed sentiments on Live Oak Bancshares (NYSE:LOB) with a decreased average price target of $42.5. Key analysts from JP Morgan, Truist Securities, and Keefe, Bruyette & Woods have lowered their price targets, reflecting a cautious outlook.
The decrease in the average price target by 8.11% and the lowering of price targets by key analysts indicate a cautious outlook on Live Oak Bancshares. This is likely to have a negative short-term impact on the stock price.
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