Analyst Scoreboard: 4 Ratings For Prosperity Bancshares
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Prosperity Bancshares (NYSE:PB) over the past quarter, with a range of bullish to indifferent opinions. The average 12-month price target has increased to $76.0, with a high estimate of $81.00 and a low estimate of $68.00. Despite a decline in revenue growth, the company maintains strong net margins and efficient asset management.
July 25, 2024 | 3:01 pm
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Prosperity Bancshares (NYSE:PB) received mixed analyst ratings, with an increased average price target of $76.0. Despite a recent revenue decline, the company shows strong net margins and efficient asset management.
The mixed analyst ratings and increased price target suggest a positive outlook for PB in the short term. The company's strong net margins and efficient asset management further support this positive sentiment, despite recent revenue challenges.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100