Citigroup Maintains Neutral on BankUnited, Lowers Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Benjamin Gerlinger maintains a Neutral rating on BankUnited (NYSE:BKU) and lowers the price target from $42 to $39.

September 11, 2024 | 4:29 pm
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Citigroup analyst Benjamin Gerlinger maintains a Neutral rating on BankUnited and lowers the price target from $42 to $39, indicating a cautious outlook.
The lowering of the price target from $42 to $39 by Citigroup suggests a less optimistic view on BankUnited's future performance. Maintaining a Neutral rating indicates that the analyst does not foresee significant upside or downside in the short term, but the reduced price target could lead to a negative sentiment among investors.
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IMPORTANCE 80
RELEVANCE 100