DA Davidson Upgrades First Foundation to Buy, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
DA Davidson has upgraded First Foundation (NYSE:FFWM) from Neutral to Buy and raised the price target from $8 to $9.
July 03, 2024 | 12:26 pm
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DA Davidson has upgraded First Foundation (NYSE:FFWM) from Neutral to Buy and raised the price target from $8 to $9.
The upgrade from Neutral to Buy and the increase in the price target from $8 to $9 by DA Davidson is likely to positively impact the stock price of First Foundation in the short term. Analyst upgrades generally signal confidence in the company's future performance, which can attract more investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100