Barclays Maintains Equal-Weight on Prosperity Bancshares, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jared Shaw maintains an Equal-Weight rating on Prosperity Bancshares (NYSE:PB) and raises the price target from $70 to $75.
September 27, 2024 | 2:41 pm
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Barclays has maintained its Equal-Weight rating on Prosperity Bancshares while increasing the price target from $70 to $75, indicating a positive outlook.
The increase in the price target from $70 to $75 by Barclays suggests a positive outlook for Prosperity Bancshares, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100