Piper Sandler Upgrades Hanmi Financial to Overweight, Raises Price Target to $25.5
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has upgraded Hanmi Financial (NASDAQ:HAFC) from Neutral to Overweight and increased the price target from $20 to $25.5.
October 24, 2024 | 1:56 pm
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Piper Sandler has upgraded Hanmi Financial from Neutral to Overweight, raising the price target to $25.5, indicating a positive outlook.
The upgrade from Neutral to Overweight by Piper Sandler suggests increased confidence in Hanmi Financial's performance. The raised price target from $20 to $25.5 indicates expectations of stock price appreciation, likely leading to a positive short-term impact on HAFC's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100