Wedbush Maintains Neutral on First Citizens BancShares, Lowers Price Target to $2000
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini maintains a Neutral rating on First Citizens BancShares (NASDAQ:FCNCA) and lowers the price target from $2150 to $2000.
October 25, 2024 | 2:19 pm
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NEGATIVE IMPACT
Wedbush analyst David Chiaverini maintains a Neutral rating on First Citizens BancShares and lowers the price target from $2150 to $2000, indicating a cautious outlook.
The reduction in the price target from $2150 to $2000 by Wedbush suggests a less optimistic view on the stock's potential, which could lead to a negative short-term impact on FCNCA's stock price. The Neutral rating indicates no strong buy or sell recommendation, but the lowered target reflects caution.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100