Piper Sandler Downgrades 1st Source to Neutral, Raises Price Target to $67.5
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has downgraded 1st Source (NASDAQ:SRCE) from Overweight to Neutral while raising the price target from $60 to $67.5.
July 29, 2024 | 9:40 am
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NEUTRAL IMPACT
Piper Sandler downgraded 1st Source from Overweight to Neutral but raised the price target from $60 to $67.5.
The downgrade from Overweight to Neutral suggests a less bullish outlook on the stock, which could lead to a neutral short-term impact. However, the raised price target indicates some positive expectations, balancing the overall effect.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100