Janney Montgomery Scott Upgrades First Ntl to Buy, Announces $21 Price Target
Portfolio Pulse from Benzinga Newsdesk
Janney Montgomery Scott has upgraded First National Corporation (NASDAQ: FXNC) from Neutral to Buy, with a new price target of $21.
August 01, 2024 | 11:49 am
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POSITIVE IMPACT
Janney Montgomery Scott has upgraded First National Corporation (NASDAQ: FXNC) from Neutral to Buy, setting a new price target of $21. This upgrade could positively influence investor sentiment and drive the stock price higher in the short term.
The upgrade from Neutral to Buy by a reputable analyst firm like Janney Montgomery Scott is likely to boost investor confidence in FXNC. The new price target of $21 suggests potential upside, which could attract more buyers and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100