Janney Montgomery Scott Downgrades Amerant Bancorp to Neutral
Portfolio Pulse from Benzinga Newsdesk
Janney Montgomery Scott analyst Jake Civiello has downgraded Amerant Bancorp (NYSE:AMTB) from Buy to Neutral.
July 26, 2024 | 10:47 am
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Janney Montgomery Scott analyst Jake Civiello has downgraded Amerant Bancorp from Buy to Neutral, indicating a less optimistic outlook on the stock.
The downgrade from Buy to Neutral by a reputable analyst suggests a less favorable outlook for Amerant Bancorp. This could lead to a short-term decline in the stock price as investors adjust their expectations.
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IMPORTANCE 80
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