Barclays Maintains Equal-Weight on First Interstate BancSys, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jared Shaw maintains an Equal-Weight rating on First Interstate BancSys (NASDAQ:FIBK) and raises the price target from $31 to $32.
September 27, 2024 | 2:32 pm
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POSITIVE IMPACT
Barclays has maintained its Equal-Weight rating on First Interstate BancSys while slightly increasing the price target from $31 to $32, indicating a modestly positive outlook.
The increase in the price target from $31 to $32 suggests a slightly more positive outlook from Barclays, which could lead to a minor positive impact on FIBK's stock price. However, the Equal-Weight rating indicates a neutral stance overall, suggesting that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100