Forecasting The Future: 5 Analyst Projections For First Busey
Portfolio Pulse from Benzinga Insights
Analysts have mixed views on First Busey (NASDAQ:BUSE) with recent ratings showing a shift towards somewhat bullish sentiments. The average 12-month price target has increased to $30.2, indicating a positive outlook. Despite positive revenue growth, First Busey faces challenges with profitability and asset utilization.
October 14, 2024 | 1:00 pm
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First Busey has received mixed analyst ratings, with a recent shift towards somewhat bullish sentiments. The average 12-month price target has increased to $30.2, reflecting a positive outlook. However, the company faces challenges in profitability and asset utilization despite positive revenue growth.
The increase in the average 12-month price target to $30.2 suggests a positive short-term outlook for First Busey. The shift towards somewhat bullish ratings indicates growing confidence among analysts. However, the company's challenges in profitability and asset utilization may temper the positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100