Janney Montgomery Scott Downgrades First Bancshares to Neutral
Portfolio Pulse from Benzinga Newsdesk
Janney Montgomery Scott has downgraded First Bancshares (NYSE:FBMS) from Buy to Neutral, as per analyst Christopher Marinac.
October 24, 2024 | 3:56 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
First Bancshares has been downgraded by Janney Montgomery Scott from Buy to Neutral, indicating a less optimistic outlook from the analyst.
The downgrade from Buy to Neutral by a reputable analyst suggests a less favorable view on the stock's potential performance, which could lead to a short-term negative impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100