Tompkins Financial shares are trading higher after Keefe, Bruyette & Woods upgraded the stock from Market Perform to Outperform and raised its price target from $59 to $68.
Portfolio Pulse from Benzinga Newsdesk
Tompkins Financial shares rose following an upgrade by Keefe, Bruyette & Woods from Market Perform to Outperform, with a price target increase from $59 to $68.
October 02, 2024 | 7:59 pm
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Tompkins Financial received an upgrade from Keefe, Bruyette & Woods, boosting its stock rating to Outperform and increasing the price target to $68, leading to a rise in share price.
The upgrade from Market Perform to Outperform by a reputable analyst firm, along with a significant price target increase, is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100