JP Morgan Maintains Overweight on Metropolitan Bank Holding, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Steven Alexopoulos maintains an Overweight rating on Metropolitan Bank Holding (NYSE:MCB) and raises the price target from $55 to $70.
July 23, 2024 | 4:18 pm
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JP Morgan analyst Steven Alexopoulos has maintained an Overweight rating on Metropolitan Bank Holding (NYSE:MCB) and increased the price target from $55 to $70.
The increase in price target from $55 to $70 by a reputable analyst at JP Morgan is a positive signal for investors, indicating confidence in the company's future performance. This is likely to result in a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100