Raymond James Upgrades Dime Community Bancshares to Strong Buy, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Raymond James has upgraded Dime Community Bancshares to a Strong Buy and increased its price target to $35, indicating a positive outlook for the stock.
September 17, 2024 | 3:24 pm
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Raymond James analyst William Wallace has upgraded Dime Community Bancshares from Outperform to Strong Buy, raising the price target from $29 to $35. This suggests a strong positive outlook for the stock.
The upgrade to Strong Buy and the increase in price target from $29 to $35 by a reputable analyst at Raymond James indicates a strong positive sentiment towards Dime Community Bancshares. This is likely to attract more investors and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100