Raymond James Maintains Strong Buy on Customers Bancorp, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Steve Moss maintains a Strong Buy rating on Customers Bancorp (NYSE:CUBI) but lowers the price target from $80 to $70.
October 02, 2024 | 5:40 pm
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Raymond James analyst Steve Moss maintains a Strong Buy rating on Customers Bancorp but lowers the price target from $80 to $70.
The analyst's decision to maintain a Strong Buy rating suggests continued confidence in Customers Bancorp's performance. However, the lowered price target from $80 to $70 indicates a more conservative outlook on the stock's potential upside. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100