DA Davidson Maintains Neutral on Banner, Raises Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Jeffrey Rulis maintains a Neutral rating on Banner Corporation (NASDAQ:BANR) but raises the price target from $60 to $69.
October 18, 2024 | 4:38 pm
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POSITIVE IMPACT
DA Davidson has maintained a Neutral rating on Banner Corporation but increased the price target from $60 to $69, indicating a positive outlook.
The increase in the price target from $60 to $69 suggests a positive outlook for Banner Corporation, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100