Stephens & Co. Maintains Equal-Weight on Banc of California, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Andrew Terrell maintains an Equal-Weight rating on Banc of California (NYSE:BANC) and raises the price target from $15 to $16.

October 24, 2024 | 12:06 pm
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Stephens & Co. has maintained its Equal-Weight rating on Banc of California and increased the price target from $15 to $16, indicating a slightly positive outlook.
The increase in the price target from $15 to $16 suggests a positive outlook from the analyst, which could lead to a short-term increase in the stock price. However, the Equal-Weight rating indicates a neutral stance, balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100