Barclays Maintains Overweight on Popular, Raises Price Target to $117
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jared Shaw maintains an Overweight rating on Popular (NASDAQ:BPOP) and raises the price target from $115 to $117.
September 27, 2024 | 2:40 pm
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Barclays analyst Jared Shaw has reaffirmed an Overweight rating on Popular, Inc. (NASDAQ:BPOP) and increased the price target from $115 to $117, indicating a positive outlook.
The increase in price target from $115 to $117 by Barclays suggests a positive outlook for Popular, Inc. The reaffirmation of the Overweight rating indicates confidence in the company's performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100