Raymond James Upgrades Alerus Finl to Outperform, Announces $24 Price Target
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst William Wallace has upgraded Alerus Financial (NASDAQ:ALRS) from Market Perform to Outperform, setting a price target of $24.

September 17, 2024 | 3:58 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Raymond James has upgraded Alerus Financial to Outperform with a $24 price target, indicating a positive outlook for the stock.
The upgrade from Market Perform to Outperform by a reputable analyst at Raymond James suggests increased confidence in Alerus Financial's future performance. The $24 price target indicates potential upside, likely leading to positive investor sentiment and a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100