DA Davidson Maintains Buy on Banc of California, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Gary Tenner maintains a Buy rating on Banc of California and raises the price target from $16.5 to $19.
October 23, 2024 | 4:43 pm
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DA Davidson's analyst Gary Tenner has reaffirmed a Buy rating for Banc of California and increased the price target from $16.5 to $19, indicating a positive outlook for the stock.
The reaffirmation of a Buy rating and an increase in the price target from $16.5 to $19 by a reputable analyst suggests a positive short-term outlook for Banc of California. This could lead to increased investor confidence and potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100