Piper Sandler Assumes First BanCorp at Neutral, Announces Price Target of $22
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Frank Schiraldi has assumed coverage of First BanCorp with a Neutral rating and set a price target of $22.
August 26, 2024 | 3:31 pm
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NEUTRAL IMPACT
Piper Sandler has assumed coverage of First BanCorp with a Neutral rating and a price target of $22, indicating a stable outlook.
The Neutral rating suggests that the analyst does not foresee significant upside or downside in the short term. The price target of $22 provides a benchmark for investors, indicating a stable outlook for the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100