Wedbush Maintains Neutral on Pacific Premier Bancorp, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini maintains a Neutral rating on Pacific Premier Bancorp (NASDAQ:PPBI) and lowers the price target from $27 to $25.
October 25, 2024 | 2:30 pm
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NEGATIVE IMPACT
Wedbush has maintained a Neutral rating on Pacific Premier Bancorp and lowered its price target from $27 to $25, indicating a slightly less optimistic outlook.
The lowering of the price target from $27 to $25 by Wedbush suggests a less optimistic view on Pacific Premier Bancorp's short-term performance. This could lead to a negative sentiment among investors, potentially impacting the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100