Dime Community Bancshares are trading higher after Raymond James upgraded the stock from Outperform to Strong Buy and raised its price target from $29 to $35.
Portfolio Pulse from Benzinga Newsdesk
Dime Community Bancshares' stock is trading higher following an upgrade by Raymond James from Outperform to Strong Buy, with a price target increase from $29 to $35.
September 17, 2024 | 4:25 pm
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POSITIVE IMPACT
Raymond James has upgraded Dime Community Bancshares from Outperform to Strong Buy, increasing the price target from $29 to $35, leading to a rise in the stock price.
The upgrade by Raymond James to Strong Buy and the increase in price target to $35 is a strong positive signal for investors, likely leading to increased buying interest and a rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100