Amerant Bancorp shares are trading lower. Janney Montgomery Scott downgraded the stock from Buy to Neutral.
Portfolio Pulse from Benzinga Newsdesk
Amerant Bancorp shares are trading lower after Janney Montgomery Scott downgraded the stock from Buy to Neutral.
July 26, 2024 | 4:31 pm
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NEGATIVE IMPACT
Amerant Bancorp shares are trading lower following a downgrade by Janney Montgomery Scott from Buy to Neutral.
The downgrade from Buy to Neutral by a reputable firm like Janney Montgomery Scott is likely to negatively impact investor sentiment and lead to a short-term decline in Amerant Bancorp's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100