Barclays Maintains Equal-Weight on Banc of California, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jared Shaw has maintained an Equal-Weight rating on Banc of California (NYSE:BANC) and raised the price target from $14 to $16.
September 27, 2024 | 2:19 pm
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Barclays has maintained its Equal-Weight rating on Banc of California and increased the price target from $14 to $16, indicating a positive outlook.
The increase in price target from $14 to $16 by Barclays suggests a positive outlook for Banc of California, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100