Piper Sandler Downgrades Flushing Financial to Neutral, Raises Price Target to $16.5
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Fitzgibbon has downgraded Flushing Financial (NASDAQ:FFIC) from Overweight to Neutral while raising the price target from $15 to $16.5.
July 30, 2024 | 9:18 am
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NEUTRAL IMPACT
Piper Sandler has downgraded Flushing Financial from Overweight to Neutral, but raised the price target from $15 to $16.5.
The downgrade from Overweight to Neutral suggests a less bullish outlook on FFIC, which could lead to a neutral or slightly negative short-term impact on the stock price. However, the raised price target to $16.5 indicates some underlying positive sentiment, balancing the overall impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100