Barclays Maintains Equal-Weight on Prosperity Bancshares, Raises Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jared Shaw maintains an Equal-Weight rating on Prosperity Bancshares (NYSE:PB) and raises the price target from $75 to $76.
October 24, 2024 | 12:51 pm
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NEUTRAL IMPACT
Barclays has maintained its Equal-Weight rating on Prosperity Bancshares while slightly increasing the price target from $75 to $76, indicating a neutral to slightly positive outlook.
The maintenance of an Equal-Weight rating suggests that Barclays sees no significant change in the stock's performance relative to the market. The slight increase in the price target from $75 to $76 indicates a marginally positive outlook, but not enough to warrant a change in rating. This suggests a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100