Piper Sandler Maintains Neutral on First BanCorp, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Frank Schiraldi has maintained a Neutral rating on First BanCorp (NYSE:FBP) while lowering the price target from $22 to $21.
October 24, 2024 | 2:17 pm
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Piper Sandler has maintained a Neutral rating on First BanCorp and reduced the price target from $22 to $21, indicating a slightly less optimistic outlook.
The lowering of the price target from $22 to $21 by Piper Sandler suggests a slightly less optimistic view on First BanCorp's future performance. This could lead to a minor negative impact on the stock price in the short term as investors adjust their expectations.
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