DA Davidson Maintains Neutral on Hanmi Financial, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Gary Tenner maintains a Neutral rating on Hanmi Financial (NASDAQ:HAFC) but raises the price target from $20 to $22.
October 23, 2024 | 4:48 pm
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DA Davidson has maintained a Neutral rating on Hanmi Financial but increased the price target from $20 to $22, indicating a slightly more positive outlook.
The increase in the price target from $20 to $22 suggests a slightly more optimistic view on Hanmi Financial's future performance, which could positively influence investor sentiment and potentially lead to a short-term price increase. However, the maintained Neutral rating indicates that the analyst does not see a strong buy or sell opportunity, which tempers the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100