Stephens & Co. Upgrades Amerant Bancorp to Overweight, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. has upgraded Amerant Bancorp (NYSE:AMTB) from Equal-Weight to Overweight and increased the price target from $24 to $25.
September 30, 2024 | 3:40 pm
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POSITIVE IMPACT
Stephens & Co. has upgraded Amerant Bancorp to Overweight and raised the price target to $25, indicating a positive outlook on the stock.
The upgrade from Equal-Weight to Overweight by Stephens & Co. suggests increased confidence in Amerant Bancorp's performance. The raised price target to $25 indicates a positive outlook, likely leading to a short-term increase in stock price as investors react to the analyst's improved sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100