Barclays Maintains Equal-Weight on Banc of California, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jared Shaw maintains an Equal-Weight rating on Banc of California (NYSE:BANC) and raises the price target from $16 to $17.
October 23, 2024 | 10:54 am
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Barclays analyst Jared Shaw has maintained an Equal-Weight rating on Banc of California and increased the price target from $16 to $17, indicating a slightly positive outlook.
The increase in price target from $16 to $17 by Barclays suggests a positive outlook for Banc of California, which could lead to a short-term increase in stock price. The Equal-Weight rating indicates a neutral stance, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100