Piper Sandler Maintains Overweight on First Interstate BancSys, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Matthew Clark maintains an Overweight rating on First Interstate BancSys (NASDAQ:FIBK) but lowers the price target from $38 to $36.
October 28, 2024 | 2:52 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Piper Sandler has maintained an Overweight rating on First Interstate BancSys but has lowered the price target from $38 to $36, indicating a slightly less optimistic outlook.
The maintenance of an Overweight rating suggests continued confidence in FIBK's performance, but the lowered price target indicates a slightly less optimistic view on its short-term price potential. This could lead to a minor negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100