Keefe, Bruyette & Woods Reiterates Outperform on Bancorp, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Timothy Switzer has reiterated an Outperform rating on Bancorp (NASDAQ:TBBK) and raised the price target from $46 to $55.
July 29, 2024 | 3:55 pm
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Keefe, Bruyette & Woods analyst Timothy Switzer has reiterated an Outperform rating on Bancorp and raised the price target from $46 to $55.
The reiteration of an Outperform rating and the increase in the price target from $46 to $55 by a reputable analyst is likely to positively impact Bancorp's stock price in the short term. This signals confidence in the company's performance and potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100