Piper Sandler Maintains Overweight on Peoples Bancorp, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Twerdahl maintains an Overweight rating on Peoples Bancorp (NASDAQ:PEBO) but lowers the price target from $39 to $36.
October 23, 2024 | 12:37 pm
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NEGATIVE IMPACT
Piper Sandler has maintained an Overweight rating on Peoples Bancorp but reduced the price target from $39 to $36, indicating a slightly less optimistic outlook.
The maintenance of an Overweight rating suggests continued confidence in Peoples Bancorp, but the lowered price target indicates a tempered outlook, likely leading to a slight negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100