Keefe, Bruyette & Woods Reiterates Outperform on Popular, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Kelly Motta has reiterated an Outperform rating on Popular (NASDAQ:BPOP) and raised the price target from $110 to $120.
July 25, 2024 | 12:43 pm
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Keefe, Bruyette & Woods has reiterated an Outperform rating on Popular and raised the price target from $110 to $120, indicating strong confidence in the stock's performance.
The reiteration of an Outperform rating and the increase in the price target from $110 to $120 by a reputable analyst suggests strong confidence in Popular's future performance. This is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100