Keefe, Bruyette & Woods Downgrades Wintrust Finl to Market Perform, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Christopher Mcgratty has downgraded Wintrust Financial (NASDAQ:WTFC) from Outperform to Market Perform, while raising the price target from $110 to $115.
July 19, 2024 | 12:05 pm
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Keefe, Bruyette & Woods has downgraded Wintrust Financial from Outperform to Market Perform, but raised the price target from $110 to $115.
The downgrade from Outperform to Market Perform suggests a less optimistic outlook on the stock's performance, which could lead to a neutral or slightly negative short-term impact. However, the raised price target to $115 indicates some underlying confidence in the company's valuation, balancing the overall impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100