Piper Sandler Downgrades FB Financial to Neutral, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has downgraded FB Financial (NYSE:FBK) from Overweight to Neutral while raising the price target from $41 to $46.
July 17, 2024 | 9:15 am
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NEUTRAL IMPACT
Piper Sandler downgraded FB Financial from Overweight to Neutral but raised the price target from $41 to $46.
The downgrade from Overweight to Neutral suggests a less bullish outlook on FB Financial, which could lead to a neutral short-term impact on the stock price. However, the raised price target to $46 indicates some positive expectations, balancing the overall impact.
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IMPORTANCE 70
RELEVANCE 100