DA Davidson Maintains Neutral on Alerus Finl, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Jeffrey Rulis maintains a Neutral rating on Alerus Financial (NASDAQ:ALRS) and raises the price target from $20 to $23.

August 01, 2024 | 3:14 pm
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DA Davidson analyst Jeffrey Rulis maintains a Neutral rating on Alerus Financial (NASDAQ:ALRS) and raises the price target from $20 to $23.
The raised price target from $20 to $23 suggests a positive outlook on Alerus Financial's future performance, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see significant upside potential beyond the new target.
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