Citigroup Initiates Coverage On Banc of California with Neutral Rating, Announces Price Target of $15
Portfolio Pulse from Benzinga Newsdesk
Citigroup has initiated coverage on Banc of California with a Neutral rating and set a price target of $15.
October 10, 2024 | 1:41 pm
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NEUTRAL IMPACT
Citigroup has initiated coverage on Banc of California with a Neutral rating and a price target of $15, indicating a balanced view on the stock's potential.
The Neutral rating suggests that Citigroup does not expect significant upside or downside in the short term. The price target of $15 provides a benchmark for investors, indicating that the stock is fairly valued at current levels.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100