Hovde Group Initiates Coverage On First Community with Market Perform Rating, Announces Price Target of $38
Portfolio Pulse from Benzinga Newsdesk
Hovde Group has initiated coverage on First Community (NASDAQ:FCBC) with a Market Perform rating and set a price target of $38.
June 28, 2024 | 10:01 am
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Hovde Group has initiated coverage on First Community with a Market Perform rating and a price target of $38.
The Market Perform rating suggests that the stock is expected to perform in line with the market. The price target of $38 provides a specific valuation benchmark. This news is moderately important as it provides new analyst coverage and a price target, but it does not indicate a strong buy or sell signal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100