DA Davidson Maintains Neutral on BancFirst, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
DA Davidson has maintained a Neutral rating on BancFirst while raising the price target from $104 to $110, indicating a positive outlook on the stock's potential performance.
October 21, 2024 | 1:47 pm
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DA Davidson has maintained a Neutral rating on BancFirst but increased the price target from $104 to $110, suggesting a slightly more optimistic view on the stock's future performance.
The increase in the price target from $104 to $110 by DA Davidson suggests a positive outlook on BancFirst's potential performance, 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 70
RELEVANCE 100