DA Davidson Downgrades Heartland Bancorp to Neutral, Raises Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Manuel Navas has downgraded Heartland Bancorp (OTC:HLAN) from Buy to Neutral while raising the price target from $103 to $145.
August 07, 2024 | 12:06 pm
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DA Davidson analyst Manuel Navas downgraded Heartland Bancorp from Buy to Neutral, but raised the price target from $103 to $145.
The downgrade from Buy to Neutral suggests a less optimistic outlook on the stock's performance, which could lead to a neutral or slightly negative short-term impact. However, the raised price target to $145 indicates some underlying positive factors, balancing the overall impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100