Critical Insights From First BanCorp Analyst Ratings: What You Need To Know
Portfolio Pulse from Benzinga Insights
Analysts have varied ratings for First BanCorp (NYSE:FBP), with recent evaluations showing a mix of neutral and outperform ratings. The average 12-month price target has increased by 10.81% to $20.5. Despite a slight revenue decline, First BanCorp shows strong profitability and financial management.
August 26, 2024 | 5:00 pm
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POSITIVE IMPACT
First BanCorp has received mixed analyst ratings, with a recent increase in the average 12-month price target to $20.5. Despite a slight revenue decline, the company maintains strong profitability and financial management.
The increase in the average price target suggests positive sentiment among analysts, which could lead to a short-term price increase. The company's strong profitability metrics, despite a slight revenue decline, further support a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100