Piper Sandler Maintains Overweight on Popular, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Frank Schiraldi maintains an Overweight rating on Popular (NASDAQ:BPOP) but lowers the price target from $112 to $100.
October 24, 2024 | 2:07 pm
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Piper Sandler has maintained an Overweight rating on Popular but reduced the price target from $112 to $100, indicating a more cautious outlook.
The reduction in the price target from $112 to $100 suggests a more cautious outlook on Popular's stock, which could lead to a short-term negative impact on its stock price. However, the maintained Overweight rating indicates continued confidence in the stock's potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100