RBC Capital Maintains Sector Perform on Prosperity Bancshares, Raises Price Target to $74
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Jon Arfstrom maintains a Sector Perform rating on Prosperity Bancshares (NYSE:PB) and raises the price target from $70 to $74.
July 25, 2024 | 4:28 pm
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RBC Capital analyst Jon Arfstrom maintains a Sector Perform rating on Prosperity Bancshares and raises the price target from $70 to $74.
The raised price target from $70 to $74 by RBC Capital indicates a positive outlook for Prosperity Bancshares, which could lead to a short-term increase in stock price. However, the Sector Perform rating suggests that the stock is expected to perform in line with the market, moderating the overall impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100