Raymond James Maintains Outperform on Carter Bankshares, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Steve Moss maintains an Outperform rating on Carter Bankshares (NASDAQ:CARE) and raises the price target from $20 to $21.
August 29, 2024 | 1:09 pm
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Raymond James has reaffirmed its Outperform rating for Carter Bankshares and increased the price target from $20 to $21, indicating confidence in the company's performance.
The increase in price target from $20 to $21 by Raymond James suggests a positive outlook on Carter Bankshares' future performance. The Outperform rating indicates that the analyst expects the stock to perform better than the market average, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
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