Piper Sandler Maintains Overweight on Preferred Bank, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Matthew Clark maintains an Overweight rating on Preferred Bank (NASDAQ:PFBC) and raises the price target from $88 to $105.
July 29, 2024 | 1:26 pm
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Piper Sandler analyst Matthew Clark maintains an Overweight rating on Preferred Bank (NASDAQ:PFBC) and raises the price target from $88 to $105.
The increase in the price target from $88 to $105 by a reputable analyst at Piper Sandler is a positive signal for investors. The Overweight rating suggests that the stock is expected to outperform the market, likely leading to a short-term price increase.
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