Piper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Justin Crowley maintains a Neutral rating on Farmers & Merchants (NASDAQ:FMAO) and raises the price target from $24 to $26.

August 05, 2024 | 12:53 pm
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Piper Sandler analyst Justin Crowley maintains a Neutral rating on Farmers & Merchants (NASDAQ:FMAO) and raises the price target from $24 to $26.
The raised price target from $24 to $26 suggests a positive outlook on the stock's potential, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see significant upside potential beyond the new target.
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