Barclays Maintains Equal-Weight on First American Financial, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Terry Ma maintains an Equal-Weight rating on First American Financial (NYSE:FAF) and raises the price target from $61 to $70.
October 08, 2024 | 5:22 pm
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Barclays has maintained its Equal-Weight rating on First American Financial but increased the price target from $61 to $70, indicating a more optimistic outlook.
The increase in the price target from $61 to $70 by Barclays suggests a more positive outlook on First American Financial's future performance, which could lead to a short-term positive impact on the stock price. However, the Equal-Weight rating indicates a neutral stance relative to the market, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100