Decoding 4 Analyst Evaluations For First Busey
Portfolio Pulse from Benzinga Insights
In the past three months, analysts have shown a somewhat bullish sentiment towards First Busey (NASDAQ:BUSE), with an average 12-month price target of $31.0, up 5.08% from the previous $29.50. Analysts' ratings range from 'Overweight' to 'Neutral', reflecting a positive outlook despite some financial challenges.
August 29, 2024 | 4:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Analysts have shown a somewhat bullish sentiment towards First Busey, with an average 12-month price target of $31.0, up 5.08% from the previous $29.50. Ratings range from 'Overweight' to 'Neutral', indicating a positive outlook despite some financial challenges.
The increase in the average price target by 5.08% and the majority of ratings being 'Somewhat Bullish' suggest a positive short-term outlook for First Busey. The analysts' ratings reflect confidence in the company's market position and potential for growth, despite some financial challenges like lower net margin and ROE.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100