DA Davidson Downgrades Old Second Bancorp to Neutral, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
DA Davidson has downgraded Old Second Bancorp (NASDAQ:OSBC) from Buy to Neutral and reduced the price target from $19 to $17.

September 25, 2024 | 12:58 pm
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DA Davidson downgraded Old Second Bancorp from Buy to Neutral and reduced the price target from $19 to $17, indicating a less optimistic outlook.
The downgrade from Buy to Neutral and the reduction in price target suggest a less favorable view of Old Second Bancorp's future performance, likely leading to a negative short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100