Piper Sandler Downgrades National Bank Holdings to Neutral, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Andrew Liesch has downgraded National Bank Holdings (NYSE:NBHC) from Overweight to Neutral while raising the price target from $42 to $46.
July 25, 2024 | 9:24 am
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Piper Sandler has downgraded National Bank Holdings from Overweight to Neutral, but raised the price target from $42 to $46.
The downgrade from Overweight to Neutral suggests a less bullish outlook on NBHC, 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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