WaFd shares are trading lower after Keefe, Bruyette & Woods downgraded the stock from Outperform to Market Perform and maintained its $40 price target. Also, Piper Sandler maintained a Neutral rating on the stock and lowered its price target from $36 to $35
Portfolio Pulse from Benzinga Newsdesk
WaFd shares declined following a downgrade by Keefe, Bruyette & Woods from Outperform to Market Perform, with a maintained price target of $40. Piper Sandler also maintained a Neutral rating but lowered its price target from $36 to $35.
October 21, 2024 | 7:29 pm
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WaFd shares are under pressure after Keefe, Bruyette & Woods downgraded the stock and Piper Sandler lowered its price target.
The downgrade from Keefe, Bruyette & Woods and the lowered price target from Piper Sandler are likely to negatively impact investor sentiment, leading to a short-term decline in WaFd's stock price.
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