Piper Sandler Maintains Neutral on German American Bancorp, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Nathan Race maintains a Neutral rating on German American Bancorp (NASDAQ:GABC) and raises the price target from $34 to $44.

August 01, 2024 | 3:56 pm
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Piper Sandler analyst Nathan Race maintains a Neutral rating on German American Bancorp (NASDAQ:GABC) and raises the price target from $34 to $44.
The raised price target from $34 to $44 suggests a positive outlook for German American Bancorp, 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.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100