Keefe, Bruyette & Woods Maintains Market Perform on Towne Bank, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Catherine Mealor maintains a Market Perform rating on Towne Bank (NASDAQ:TOWN) and raises the price target from $30 to $35.
July 29, 2024 | 4:00 pm
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Keefe, Bruyette & Woods analyst Catherine Mealor maintains a Market Perform rating on Towne Bank and raises the price target from $30 to $35.
The raised price target from $30 to $35 suggests a positive outlook for Towne Bank, which could lead to a short-term increase in stock price. However, the Market Perform rating indicates that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100